Name: Prachi Dharani
Business Name: PayGlocal Technologies
Location: Bangalore, India
Establishment (Year): 2021
Category/Industry: Information Technology
Profession/ Specialty: Fintech
Website: https://payglocal.in/
Social Media: Linkedin
Company details:
PayGlocal is a global payments company focused on fostering global commerce for the Indian ecosystem. It provides a suite of offerings that facilitate global payments and solve the challenges surrounding them through three core pillars – global processing, risk management, and the payment experience for global audiences.
Unique selling proposition/ competitive advantage:
The company aims to serve a niche market by helping small and large merchants and other players in the market to accept payments in any currency by providing a technology platform. Merchants who engage in cross-border transactions often face challenges related to longer payment chains, higher risk, and fraudulent transactions. PayGlocal offers a comprehensive suite of solutions that support over 120 currencies, accept international cards, provide access to more than 40 local payment methods, and offer end-to-end encryption as part of its offerings.
Challenges faced during the journey:
The early stages of any startup are typically marked by a range of experiences, both positive and negative. Founders face challenges related to creating a secure product and selling it in the market. The greatest strength lies in the team, which is comprised of individuals from diverse backgrounds and with fresh perspectives says Prachi Dharani.
Advice for women entrepreneurs:
Entrepreneurship is often described as both thrilling and demanding, and it is said that a woman, whether married or single, with or without children, can have a significant impact on the household. Therefore, it is essential to find a balance between work and personal life whenever possible. The advice is to strive for this balance as much as possible because a person's family needs them.
