Wikipedia
PayMate
PayMate is a mobile commerce company in Mumbai.
PayMate's has bank partners including ABN Amro. The PayMate service works on all phone operators in India.
PayMate India was funded in 2008 by Silicon Valley-based venture capital companies Kleiner Perkins Caufield & Byers, the Mayfield Fund, and Sherpalo Ventures.
In 2008, PayMate expanded to Sri Lanka by partnering with the Bank of Ceylon. PayMate is also present in Nepal, partnered with a number of banks there.
In 2012, Paymate launched a PayPOS application, which allows small businesses to accept credit and debit cards and process electronic transactions directly on their mobile phones at the point of sale (POS).