Innoviti to enable Payments Acceptance at PUMA

Published on December 5, 2016

Further strengthens the firm’s leadership in reliable payment solutions

Solution enables convenient POS card payment acceptance and POS EMI’s
PAN India roll out to all 46 Exclusive Brand Outlets spread across 18 cities

PUMA Sports India Pvt. Ltd. , an Indian subsidiary of German sporting lifestyle major PUMA now transacts on Innoviti’s uniPAY payments platform. Innoviti will help PUMA in redefining payment acceptance at their PAN India Exclusive Brand Outlets.

“We are delighted to power the payments acceptance & facilitate POS EMI’s at Puma”, said Mr. Rajeev Agrawal, Managing Director & Chief Executive Officer of Innoviti. “uniPAY will help Puma save money while enhancing customer checkout experience,” he added.

Innoviti now offers Puma unparalleled insights from card transactions data and MIS analytics to help them drive targeted promotional campaigns. 46 Exclusive Brand Outlets of Puma across 18 Indian cities will now be transacting on Innoviti’s uniPAY platform.

“Cashless transactions are the need of the hour, and keeping this in mind PUMA is proud to be associated with Innoviti’s uniPAY payments platform. As a brand, we have always focused on providing customer friendly services at all our stores. The acceptance of digital payments will definitely quicken the purchase process at checkout and enhance the overall consumer experience at all the PUMA stores,” said Ms. Vidhya Srinivasan, Chief Financial Officer, PUMA India.

Source: PR Newswire

About Innoviti Payment Solutions Pvt. Ltd., Bangalore, India.

Innoviti Payment Solutions Pvt. Ltd. (formerly Innoviti Embedded Solutions Pvt. Ltd.) has been a pioneer in the use of technology to solve real-world payment acceptance problems of merchants. Using its indigenous developed technology and constant innovation, Innoviti has delivered differentiated solutions for payments automation, consumer credit distribution and SME lending that have become a benchmark in their markets. Innoviti processes over Rs. 8,000 Cr. of payment transactions annually including Rs. 1000 Cr. of credit. Innoviti’s smelending.com is #1 in the segment of SMElending, processing over Rs 400 Cr. per year. uniPAY is India’s only omni-channel payment platform for managing payment automation. The company has won Deloitte Asia Pacific award three years in a row and Red Herring Asia award twice. Innoviti is backed by marquee investors such as Titan Company (JV between Tata Group and TIDCO), Catamaran Ventures and New India Investment Corporation, Canada.

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