Innoviti to enable Card Payments Acceptance at Columbia Asia Hospitals

1 March 2017

Move designed to streamline card payment acceptance and enhance patient experience

Innoviti to enable convenient POS card payment acceptance and flexible EMI payment options at Columbia Asia Hospitals via its uniPAY Next payments platform.
Pan India roll out to all 127 EDC terminals to all their 11 medical facilities

Bangalore, 1st March’ 17

Innoviti Technologies Pvt. Ltd. and Columbia Asia Hospitals Pvt. Ltd. today announced a tie-up whereby Innoviti will now enable Card Payments Acceptance across all their hospitals in India. Columbia Asia is an international healthcare group operating a chain of modern hospitals across Asia. It is one of the first healthcare companies to enter India through 100% Foreign Direct Investment (FDI) route.

Under this arrangement, Innoviti will implement its award-winning uniPAY NEXT integrated payments platform to facilitate both normal card payments acceptance as well as flexible EMI card payment options to all their 11 medical facilities across the India. Additionally, uniPAY NEXT will help Columbia Asia facilitate faster card payment transactions and prevention of double debits while providing unparalleled customer insights from card transactions data and MIS analytics to help drive targeted healthcare campaigns. The solution will streamline operations by automating reconciliation, settlement with banks and reporting thereby significantly enhancing their cashier productivity.

Extending its service to Columbia Asia Hospitals, Mr. Rajeev Agrawal, Managing Director & Chief Executive Officer of Innoviti said , “Our association with one of leading healthcare chains in India is to build a comprehensive and convenient cashless payment infrastructure to help the patients, and abide by Union Government’s cashless drive in the health sector.” He further added, “We aim to provide seamless and reliable payment solutions processing, with our uniPAY NEXT platform, to help the healthcare chain to offer a significantly enhanced checkout experience to all its customers while streamlining their operational costs.”

“We strive to make our services flexible and user-friendly for our customers. Our association with Innoviti, will enable us to make payment options easier and the process hassle-free for our patients,” said Mr. Jagannath MS, CFO & Director – Finance, Columbia Asia Hospitals Pvt. Ltd. “In keeping with the Government’s push towards digital payments, we are committed towards bringing the advantages of cashless payments to our patients and their caregivers,” he further added.

About Innoviti Technologies Pvt. Ltd., Bangalore, India.

Innoviti Technologies runs a payment platform that has a unique ability to add intelligence to traditional payment channels, enhancing their value. Merchants, brands and financial service providers use these intelligent payment channels to reduce cost and drive sales of their products. Innoviti processes over Rs. 40,000 Cr. of payment transactions, about 6% of all offline merchant payment transactions in India. This also includes Rs. 1.500 Cr. of transactions involving distribution of loans to consumers and small businesses. The most capital efficient company in this space, Innoviti processes more volume for every $ raised than any other payments company. The company is backed by marquee investors such as Catamaran Ventures, SBI Venture Capital and Bessemer Venture Partners.

For more information, please visit – www.innoviti.com/