Hyderabad-based fintech Payswiff wins Visa Everywhere Initiative 2020 in India

Payswiff was declared the winner of the first Indian edition of the Visa Everywhere Initiative (VEI), payments technology giant Visa said, adding that Phi Commerce and Samunnati had won two other challenges that took place during the initiative.

Hyderabad-based Payswiff won for its solution that provides end-to-end omnichannel electronic payments to banks, SMEs and enterprise merchants. The initiative saw participation from more than 260 fintech companies and 400-plus applications — a record number for any VEI program outside the United States.