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HUMBL® partners with Digital India Payments to enter India

By Retail4Growth Team | March 24, 2020

HUMBL® has developed a HUMBL® - Mobile App that allows customers to send money, receive money, exchange money, pay bills or pay merchants; as well as physical agent locations called: HUMBL Hubs®.

HUMBL,® a US fintech delivering mobile payments and financial services, and Digital India Payments Limited (DIPL), announced a strategic partnership to enter the India market.

DIPL processes millions of dollars per day in financial and retail transactions, across 30,000 merchant locations in India, with extensions into Nepal, Bangladesh, Maldives, Myanmar and Sri Lanka.

HUMBL® has developed a HUMBL® - Mobile App that allows customers to send money, receive money, exchange money, pay bills or pay merchants; as well as physical agent locations called: HUMBL Hubs®.

"HUMBL® is doing to global financial services what UBER® did to the local taxi markets," said Hari Prasath, Managing Director of DIPL. "Delivering high quality financial services by pairing local consumers and merchants together through mobile technology, anywhere in the world."

"Our younger Indian customers don't want to visit multiple service branches to wait in long lines, pay expensive fees and highly variable rates," continued Prasath. "HUMBL® gives them mobile financial services - faster, cheaper and in nearby locations."

HUMBL® will also be working with DIPL in support of globally innovative "Smart Grid" India government programs, which use biometric identifiers - like facial recognition or thumbprints - to help Indian customers with simplified banking, financial and government services at local HUMBL Hubs®.

"We're honored to partner with a proven operator like DIPL for channel distribution in the region. We look forward to putting HUMBL® technologies to work for 1.4 billion India customers alongside them," Foote said.

 

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