PayMedia bags four NBQSA awards

26 October 2015 03:20 am - 0     - {{hitsCtrl.values.hits}}

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Making waves in both the local and global market after less than a year of operations, and winning a range of top notch awards at the recently concluded National Best Quality Software Awards (NBQSA) is PayMedia Private Limited that joins the list of being one of the hottest new technology startups to watch. 
Focusing  on providing custom based solutions for banking, finance and telecommunication domains such as Cash Deposit ATM/Kiosk switching, Bill payment switching, Currecy detection firmware  Kiosk Hardware, POS, Desktop, Web, Mobile and Kiosk applications , PayMedia   has proved itself to be a  truly innovative  organization   offering advanced technology solutions to their specialized  industry  verticals   and helping them reap high returns  on investment .  
The awards bagged by  PayMedia  included  winning the Gold in the Start Up Category , the Bronze in the  E- Logistics and Supply Chain Management Category,  and the Merit Award in the Financial Applications Category.   Kanishaka Weeramunda who is the founder of PayMedia  also won the award as the most Valuable ICT Entrepreneur of the year.   
Two of their products were nominated to complete in the Asia Pacific ICT  Award 2015.under the startup category and the E-logistics category. 
Speaking of their innovative market  solutions and the industry verticals  they specialize in   Kanishaka said “  We offer  the Banking  and Finance industry  solution  for cash and cheque deposits and bill  payments through designated  kiosks  at their premises.  Our system has the feature of integrating any core banking platform on ISO8583 & Web Services.   The first project was with Sampath Bank PLC to facilitate real time deposits for savings and current accounts.  This included us making them a specialized machine to meet this requirement with bulk 
note acceptor.
“Our next core industry vertical is the telecommunications industry for which we offer solutions that comprise of integrating Top-Ups pin generation applications and online payment platforms .All the customers need to do is enter their mobile number and insert the cash and the system will accept the payment and offer a printed receipt .All the updates will also happen “live”.  
Kanishke said that in this industry they currently serve one of the largest global scratch card distributors in the Europe where PayMedia  designed and built a complete pre-paid system for their customers .This venture culminated in them eventually supporting 72 Telco’s in the Netherlands and 54 Telco’s in Belgium. System facilitate 174 mobile operates worldwide to issue their pin numbers in Europe 
Outlining their future plans Kanishke stated   that they look forward to the challenge  of  designing market solutions that will  replace bank branches into a machine “ making banks virtual “   They’re more convenient, faster and safer , more secure and they  will allow  to provide better services at a lower cost . This then is the future and this is what we will aim to be involved in ”. he concluded. 
PayMedia was incorporated in June 2014 with three other members, Dasun Rathnayaka, Denesh Karunathilaka and Thilanga Liyanage who had been the pillars behind the success story. 
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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.