EWIRE profile

Universal access to financial services is


within reach - thanks to new technologies,

transformative business models and ambitious Ewire is a future driven digital app which acts as a complete


reforms... As early as 2020, such instruments virtual bank. It serves the consumers with digital banking
facilities on the move. It can be used as a pre-paid instrument
as e-money accounts, can significantly from anywhere with funds transferred through mobile. As a


increase financial access for those who are digital wallet, it can be used by multi-users for multi-purposes
that includes recharges, transfer of money, withdrawal
now excluded.
from ATM, online purchases, bill payments, shopping and

Jim Yong Kim many other value added services.
President, World Bank Group











Recharges Money Transfer ATM Withdrawal










Online Purchase Bill Payment Shopping






• Merchant - Merchant facing module, which lets merchants
be a part of the ecosystem, through which they can accept
Ewire payments.

has three • Agent - Responsible to do transactions on behalf of the user.

different modules Able to do cash-in for customers and register customers and
provide other services.
for quicker and • User- Available in application stores for customers.
easier transactions

Universal access to financial services is


within reach - thanks to new technologies,

transformative business models and ambitious Ewire is a future driven digital app which acts as a complete


reforms... As early as 2020, such instruments virtual bank. It serves the consumers with digital banking
facilities on the move. It can be used as a pre-paid instrument
as e-money accounts, can significantly from anywhere with funds transferred through mobile. As a


increase financial access for those who are digital wallet, it can be used by multi-users for multi-purposes
that includes recharges, transfer of money, withdrawal
now excluded.
from ATM, online purchases, bill payments, shopping and

Jim Yong Kim many other value added services.
President, World Bank Group











Recharges Money Transfer ATM Withdrawal










Online Purchase Bill Payment Shopping






• Merchant - Merchant facing module, which lets merchants
be a part of the ecosystem, through which they can accept
Ewire payments.

has three • Agent - Responsible to do transactions on behalf of the user.

different modules Able to do cash-in for customers and register customers and
provide other services.
for quicker and • User- Available in application stores for customers.
easier transactions

If all of us start transacting through online and


mobile banking, it will be our great contribution In India, the government is now giving particular
focus to two areas of development – Digital India
towards eradicating corruption and black which seeks to bring the advantages of digitalization
to grassroots level. The second focus area is Financial
money from our country.
inclusion which aims to bring access of financial
Narendra Modi institutions to the vast majority who are out of it.
Combining these two objectives, the government
Prime Minister of India
hopes to usher in a Cashless Economy.

Ewire’s core objective is DIGITAL FINANCIAL
INCLUSION, to make digital financial services
available to as many as possible in an easy to use app

which acts as a virtual bank. It is reliable, secure and
only needs a mobile for activation and transactions.

This will be a virtual boon for internet users in India
whose number is expected to reach 500 million

in 2018, (Source: Internet and Mobile Association
How of India (IAMAI)) who can have the convenience of


Ewire is a virtual banking on the go.
future driven Ewire, thus will be pioneering the concept of cashless
digital platform economy which is future India.












As an end to end digital platform that provides
How solutions for all digital payments, the Ewire app

Ewire is different eliminates the need to go to a bank to open an
from conventional cards account or do transactions. Virtual banking can be
and other digital done with a mobile, lap and Ewire card. Even without
pre-paid instruments them, payment can be made to a merchant with MTN.

If all of us start transacting through online and


mobile banking, it will be our great contribution In India, the government is now giving particular
focus to two areas of development – Digital India
towards eradicating corruption and black which seeks to bring the advantages of digitalization
to grassroots level. The second focus area is Financial
money from our country.
inclusion which aims to bring access of financial
Narendra Modi institutions to the vast majority who are out of it.
Combining these two objectives, the government
Prime Minister of India
hopes to usher in a Cashless Economy.

Ewire’s core objective is DIGITAL FINANCIAL
INCLUSION, to make digital financial services
available to as many as possible in an easy to use app

which acts as a virtual bank. It is reliable, secure and
only needs a mobile for activation and transactions.

This will be a virtual boon for internet users in India
whose number is expected to reach 500 million

in 2018, (Source: Internet and Mobile Association
How of India (IAMAI)) who can have the convenience of


Ewire is a virtual banking on the go.
future driven Ewire, thus will be pioneering the concept of cashless
digital platform economy which is future India.












As an end to end digital platform that provides
How solutions for all digital payments, the Ewire app

Ewire is different eliminates the need to go to a bank to open an
from conventional cards account or do transactions. Virtual banking can be
and other digital done with a mobile, lap and Ewire card. Even without
pre-paid instruments them, payment can be made to a merchant with MTN.

The digital payment wallet or Pre-Paid industry How


has experienced a significant transformation Ewire allows to track and As Ewire allows to have supplementary accounts,
individuals in a family can have their own cards. Thus,
control the spending of expenses and spending needs of each person can be
over the last year. While in July 2016 there were beneficiaries in taken into account when the money is transferred to
multi-user platform the account, resulting in financial discipline.
less than 100 million transactions completed

through PPIs, by July 2017, this number had


risen to more than 270 million, i.e. an increase It’s for the first time in India that the advantages of
social media groups such as whatsapp have been
of over 300%. The catalyst is the willingness combined with the digital wallet concept, that makes
Ewire even more effective, beneficial and exclusive.
of the government to evolve into a cashless
This special feature of Ewire is a facility to form
economy. The future, is therefore, all set see a group, much like a social media platform. This
allows for social mobilization and quick group action.
digital revolution in India. Members of any group can mobilize funds and make
donations.
Analysis on SBI regulation for PPIs
The added advantage of having a group in the
Ewire platform is the benefits it entails. The group
mechanism is a powerful tool in getting offers and
discounts from merchants.

How In a group that is based on an organization, Ewire can
be used as salary card too.
Ewire helps in The group mechanism also enables to have crowd
forming groups and in funding, which is increasingly catching up in India, as
contributing donations fund mobilizer.







How One of the biggest advantages of having an Ewire


Ewire is simple, account is that your primary account in a bank
is never revealed to anyone at any time during
fast, secure and payments. The transaction process is as simple as
reliable sending a message from a mobile, from anywhere.

The digital payment wallet or Pre-Paid industry How


has experienced a significant transformation Ewire allows to track and As Ewire allows to have supplementary accounts,
individuals in a family can have their own cards. Thus,
control the spending of expenses and spending needs of each person can be
over the last year. While in July 2016 there were beneficiaries in taken into account when the money is transferred to
multi-user platform the account, resulting in financial discipline.
less than 100 million transactions completed

through PPIs, by July 2017, this number had


risen to more than 270 million, i.e. an increase It’s for the first time in India that the advantages of
social media groups such as whatsapp have been
of over 300%. The catalyst is the willingness combined with the digital wallet concept, that makes
Ewire even more effective, beneficial and exclusive.
of the government to evolve into a cashless
This special feature of Ewire is a facility to form
economy. The future, is therefore, all set see a group, much like a social media platform. This
allows for social mobilization and quick group action.
digital revolution in India. Members of any group can mobilize funds and make
donations.
Analysis on SBI regulation for PPIs
The added advantage of having a group in the
Ewire platform is the benefits it entails. The group
mechanism is a powerful tool in getting offers and
discounts from merchants.

How In a group that is based on an organization, Ewire can
be used as salary card too.
Ewire helps in The group mechanism also enables to have crowd
forming groups and in funding, which is increasingly catching up in India, as
contributing donations fund mobilizer.







How One of the biggest advantages of having an Ewire


Ewire is simple, account is that your primary account in a bank
is never revealed to anyone at any time during
fast, secure and payments. The transaction process is as simple as
reliable sending a message from a mobile, from anywhere.

How This is another striking feature of Ewire. As a bulk
channelizing digital payment platform, along
The government expects about 1,800 crores Ewire can entail discounts with inherent strength of the combined group of
and offers at many companies, Ewire platform enables merchants to
of digital transactions in 2017-18, a 67 per merchant stores give discounts and offers to customers.


cent jump from the 1,076 payments made


last fiscal.

According to data from the Reserve Bank of India, How As an Over The Top platform, Ewire is basically linked
to banking system and confirms to all its regulations.
the total number of retail digital transaction between Ewire combines Working on an open loop system, the Ewire app
April and October 2017 amounted to 799 crore, and the security of bank enables the transfer of money as instantly as a
and the speed of
were valued at `7.48 lakh crore. instant money transfer money transfer agency. Ewire has safeguards of a
bank and the speed of instant money transfer.







The Indian diaspora have the advantage of
How transferring money from anywhere. The amount
can be used by the beneficiary in multiple ways –
Ewire is a multi-functional withdraw as cash from any ATM or make payments
pre-paid instrument through mobile or MTN.








Ewire uses RESTful API, an application program
interface (API) that uses HTTP requests to GET,
How PUT, POST and DELETE data. This enables ewire
customers to have access to their accounts in
Ewire uses the merchant’s data. Thus, standing instructions can be
latest technology made and account statements can be reviewed.





How


Ewire customer care Customer care based 24x7 services operating from
is one of the central and regional offices will ensure prompt and
most elaborate efficient services to customers.

How This is another striking feature of Ewire. As a bulk
channelizing digital payment platform, along
The government expects about 1,800 crores Ewire can entail discounts with inherent strength of the combined group of
and offers at many companies, Ewire platform enables merchants to
of digital transactions in 2017-18, a 67 per merchant stores give discounts and offers to customers.


cent jump from the 1,076 payments made


last fiscal.

According to data from the Reserve Bank of India, How As an Over The Top platform, Ewire is basically linked
to banking system and confirms to all its regulations.
the total number of retail digital transaction between Ewire combines Working on an open loop system, the Ewire app
April and October 2017 amounted to 799 crore, and the security of bank enables the transfer of money as instantly as a
and the speed of
were valued at `7.48 lakh crore. instant money transfer money transfer agency. Ewire has safeguards of a
bank and the speed of instant money transfer.







The Indian diaspora have the advantage of
How transferring money from anywhere. The amount
can be used by the beneficiary in multiple ways –
Ewire is a multi-functional withdraw as cash from any ATM or make payments
pre-paid instrument through mobile or MTN.








Ewire uses RESTful API, an application program
interface (API) that uses HTTP requests to GET,
How PUT, POST and DELETE data. This enables ewire
customers to have access to their accounts in
Ewire uses the merchant’s data. Thus, standing instructions can be
latest technology made and account statements can be reviewed.





How


Ewire customer care Customer care based 24x7 services operating from
is one of the central and regional offices will ensure prompt and
most elaborate efficient services to customers.

People behind Ewire

In December last year, the government also


announced that it would bear the merchant
Mohammed Bin Mutlaq Al-Gadhi

Chairman discount rate (MDR), the charges merchants
Mohammed Bin Mutlaq Al-Gadhi, is a well-known businessman and philanthropist based projects that are still regarded as pioneering. He also foresees e-commerce as an economic pay to banks on payments of up to `2,000
in Saudi Arabia. He is the founder and head of the THC Group. Headquartered in Riyadh, the revolution that will be a game changer for India. One of his initiatives in this regard – a grocery
Group’s companies provide value-added professional, technical and consulting services to online model in India under the brand name of ‘biggro’, is gaining in popularity across the state made with debit cards, BHIM App or Aadhaar
major government agencies and commercial construction projects in the Kingdom of Saudi of Kerala. Along with Saudi Companies and Ewire, Mr. Udayabhanu is the guiding figure to many
Arabia. Trained as an engineer, he began his entrepreneurial journey with a rare vision and companies, as Managing Director of Knoll Mercantile Private Limited (KMPL), Tele Tek Pvt. Ltd, pay. The facility, which is available for two
conviction. These along with his integrity, determination and keen observation has earned him Impel Group of Companies and Pomona IT Services.
laurels and recognition. In his quest to make the future better than the present, he contributes years, started on January 1.
much of his time in promoting new ideas in global economic and social activities, where his
benevolence has shown a strong dedication in helping others.
Yunus P. Mohammed Business Line
CEO
Yunus P. Mohammed is a professional turned entrepreneur with more than 26 years‘ experience
Rakesh Kumar Upadhyay in the IT field, whose zeal for creating innovative business solutions has led him to introduce
Working Chairman many new initiatives in the Gulf nations, intially as an employee and later as a businessman.

Rakesh Kumar Upadhyay , who has served as the Chairman & Managing Director (CMD) of His keen eye for emeriging scenarios in economy has led him to introduce pioneering concepts
two leading Indian Telecommunications PSUs - BSNL and TCI, is a seasoned professional with in many fields. His vast experience in diverse fields gives him the added advantage of first hand
40 years’ experience in the telecommunications sector. He has greatly contributed in the areas knowledge of existing models and their limitations. The concept of Ewire is a direct result of this.
of strategy formulation and implementation, regulatory affairs, customer services delivery With first of it kind features, it is intended to benefit a large section of the population by the way
and execution of complex domestic as well as overseas projects. He has successfully directed of financial digital inclusion, as India progresses to a cashless economy.
multicultural global teams and conducted dialogue and international negotiations at the
highest levels. He formulated and led the strategy for a range of initiatives for the introduction
of cutting edge technology in various parts of the world including many firsts. He is an expert
about evolving global shifts and is adept in formulating effective “local” approaches for much Pankaj Kumar
broader objectives.
Director
Pankaj Kumar’s buisness philosophy is simple – a vision that comprehends customers‘ needs can
never fail. From his experience as a student, the idea of money transfer through the convenience
D. Udayabhanu of a mobile application struck him deeply. It is this idea that has led a start up to grow into a
Managing Director 30 crore business house. MSEWA, the company he founded along with his friend, has been

D. Udayabhanu is a business entrepreneur and has more than 38 years’ experience in the recognized for its vision and innovation, especially as India steers towards a cashless economy.
Middle East and Asian countries. His core business focus is in Telecommunications Infra VpayQwick, MSEWA’S digital wallet along with Vijaya Bank, was one of the pioneering apps
Structure development, which has enabled him to complete several big projects in India, Saudi that was a one-stop payment solution to many services. Today, MESWA has expanded and has
Arabia, Malaysia and other countries. Apart from telecommunications, he has a deep interest presence in many countires and also tie ups with leading banks and telecom service providers.
and understanding of advanced IT solutions, which enabled him to provide solutions in several It aims to introduce many new features, including world’s first Multi Currency Wallet.

People behind Ewire

In December last year, the government also


announced that it would bear the merchant
Mohammed Bin Mutlaq Al-Gadhi

Chairman discount rate (MDR), the charges merchants
Mohammed Bin Mutlaq Al-Gadhi, is a well-known businessman and philanthropist based projects that are still regarded as pioneering. He also foresees e-commerce as an economic pay to banks on payments of up to `2,000
in Saudi Arabia. He is the founder and head of the THC Group. Headquartered in Riyadh, the revolution that will be a game changer for India. One of his initiatives in this regard – a grocery
Group’s companies provide value-added professional, technical and consulting services to online model in India under the brand name of ‘biggro’, is gaining in popularity across the state made with debit cards, BHIM App or Aadhaar
major government agencies and commercial construction projects in the Kingdom of Saudi of Kerala. Along with Saudi Companies and Ewire, Mr. Udayabhanu is the guiding figure to many
Arabia. Trained as an engineer, he began his entrepreneurial journey with a rare vision and companies, as Managing Director of Knoll Mercantile Private Limited (KMPL), Tele Tek Pvt. Ltd, pay. The facility, which is available for two
conviction. These along with his integrity, determination and keen observation has earned him Impel Group of Companies and Pomona IT Services.
laurels and recognition. In his quest to make the future better than the present, he contributes years, started on January 1.
much of his time in promoting new ideas in global economic and social activities, where his
benevolence has shown a strong dedication in helping others.
Yunus P. Mohammed Business Line
CEO
Yunus P. Mohammed is a professional turned entrepreneur with more than 26 years‘ experience
Rakesh Kumar Upadhyay in the IT field, whose zeal for creating innovative business solutions has led him to introduce
Working Chairman many new initiatives in the Gulf nations, intially as an employee and later as a businessman.

Rakesh Kumar Upadhyay , who has served as the Chairman & Managing Director (CMD) of His keen eye for emeriging scenarios in economy has led him to introduce pioneering concepts
two leading Indian Telecommunications PSUs - BSNL and TCI, is a seasoned professional with in many fields. His vast experience in diverse fields gives him the added advantage of first hand
40 years’ experience in the telecommunications sector. He has greatly contributed in the areas knowledge of existing models and their limitations. The concept of Ewire is a direct result of this.
of strategy formulation and implementation, regulatory affairs, customer services delivery With first of it kind features, it is intended to benefit a large section of the population by the way
and execution of complex domestic as well as overseas projects. He has successfully directed of financial digital inclusion, as India progresses to a cashless economy.
multicultural global teams and conducted dialogue and international negotiations at the
highest levels. He formulated and led the strategy for a range of initiatives for the introduction
of cutting edge technology in various parts of the world including many firsts. He is an expert
about evolving global shifts and is adept in formulating effective “local” approaches for much Pankaj Kumar
broader objectives.
Director
Pankaj Kumar’s buisness philosophy is simple – a vision that comprehends customers‘ needs can
never fail. From his experience as a student, the idea of money transfer through the convenience
D. Udayabhanu of a mobile application struck him deeply. It is this idea that has led a start up to grow into a
Managing Director 30 crore business house. MSEWA, the company he founded along with his friend, has been

D. Udayabhanu is a business entrepreneur and has more than 38 years’ experience in the recognized for its vision and innovation, especially as India steers towards a cashless economy.
Middle East and Asian countries. His core business focus is in Telecommunications Infra VpayQwick, MSEWA’S digital wallet along with Vijaya Bank, was one of the pioneering apps
Structure development, which has enabled him to complete several big projects in India, Saudi that was a one-stop payment solution to many services. Today, MESWA has expanded and has
Arabia, Malaysia and other countries. Apart from telecommunications, he has a deep interest presence in many countires and also tie ups with leading banks and telecom service providers.
and understanding of advanced IT solutions, which enabled him to provide solutions in several It aims to introduce many new features, including world’s first Multi Currency Wallet.

Ewire Softtech Pvt. Limited, 64 /3834 Ujjayini, Vyloppilli Lane, Azad Road, Kaloor, Ernakulam 682 017, Tel: 0484 4000085 www.liveewire.com