* MPurse received In-Principle Authorisation to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007 from RBI on November 25, 2022 ** MPurse Services has received the Renewal of Certificate of Authorisation for its PPI (MPurse Wallet) from DPSS of RBI on June 27, 2023.

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About Us

Our Journey

MPurse Services Pvt.Ltd. was originally founded in 2007 as Hotline Callcenter Pvt.Ltd. In the Year 2014 MPurse obtained Prepaid Payment Instrument Authorisation from the DPSS of the Reserve Bank of India (RBI) and accordingly entered the payment industry through MPurse Wallet a semi closed prepaid wallet. In the year 2016 MPurse commenced Domestic Money Transfer (DMT) business as a Business Correspondent (BC) of Yes Bank Limited (YBL). In the year 2019 MPurse started it's Payment Aggregation services and applied for the Payment Aggregation Authorisation from the RBI in September 2021, in terms of the RBI Guidelines. On 26 November 2022, MPurse Services was awarded In-Principle Authorisation to operate as Payment Aggregator by the RBI. At present, MPurse is one of the few entities in the Payment Industry which holds both PPI and PA Authorisation.

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About Mpurse

MPurse Services Pvt. Ltd. is an Indian Information Technology based company which is primarily operating in the ambit of indian payment industry as an issuer of Prepaid Payment Instrument and Payment Aggregator. MPurse, over the last 2 years, has revised, revamped, and re-equipped its policies, procedures and infrastructures and has thus, reinvented itself.

Presently along with it's payment wallet i.e.,"MPurse wallet", MPurse provides IT enabled collection and disbursement services to its online merchants and collection services to it's offline merchants across different payment channels including UPI, IMPS, NEFT, RTGS, Debit & Credit cards & e-Wallets through its API based integration with leading Banks. In addition to that MPurse is also making inroads in the segment of the issuance of co-branding Prepaid cards, IT enabled Bill payment and KYC services. MPurse services also offers consultancy services in respect of advanced digital payment instruments such as UPI, co-branding Prepaid cards etc.

Meet Our Brilliant Minds

Our Leadership Team

Manju Sikka

Director

Shun Kawamura

Director

Sushil Chawla

Director & CEO

Chi Kit Daniel Hui

Director

It’s time to move up and embrace the future of payment processing