In an interview, Swastik Nigam, Founder and CEO of Winvesta, reveals how their innovative payment solution is transforming the payments landscape. By addressing the challenges of existing methods, Winvesta has made a positive impact on businesses and consumers alike, offering improved experiences, significant cost savings, and efficient international transactions. Nigam shares insights into Winvesta’s unique approach, their commitment to security and reliability, future plans, and their vision for the company’s growth.
What sets Winvesta apart?
Winvesta sets itself apart from other payment solution providers in the market by focusing on cross-border payments and specifically addressing the challenges faced by traditional methods. “Historically, cross-border payments have been either through card companies, where there is a high rejection rate of around 40-50 per cent, or through bank-to-bank transfers, which lack transparency regarding fees and the exact amount received in the local currency. These challenges are what we aim to overcome. Our approach combines the strengths of both methods. Additionally, we ensure complete transparency and low costs for our customers. This means that you not only know exactly how much you’re paying but also receive your money quickly and with certainty. This combination of transparency, speed, and certainty sets us apart from traditional payment solution providers in this space,” states Nigam.
Bank-level Security
This story is from the 29 July 2023 edition of Businessworld India.
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This story is from the 29 July 2023 edition of Businessworld India.
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