Paydeck Payments

What is PayDeck?
PayDeck is a first-of-its-kind service that empowers you to get the most out of life’s important payments. Unlike other online payment options, PayDeck enables you to use your debit and credit cards for any payment without optional recipient participation.

For what I can pay using PayDeck?
We have a list of "Purpose of Payment" for which, you can actually make payment through PayDeck.
Purpose of Payment List:
Home/Office Rent
Home/Office Security Deposit
Home/Office CAM charges
Real Estate Agent Payment
Home/office Repair
Contractors Payment
Architect's Fees
Interior Designing
Vendor Payment
Tuition Fees
Coaching Institute Payment
School Fees
Hostel Fees
Lawyers Fees
Wages Payment
Food & Restaurants Payment
Art & Entertainment Payment

How it works?
Making payments through PayDeck is easy. Simply sign in to your PayDeck account, specify why you want to pay, who you’d like to pay, and submit your payment using the card of your choice. A convenience fee will be automatically calculated and applied to your payment total.
Once your card payment is submitted, PayDeck will process and send it through electronic bank transfer to recipients bank account.
Your recipient is not optionally required to be on PayDeck to accept these payments.
Your card payment will be processed and sent to your recipient within 72 hours of submission. Standard delivery timing for electronic transfers apply. You will be notified as soon as the payment is accounted for.


Thought & starting Up:
It started with the real problem: Why I can’t pay my rent/society maintenance with credit card?
Paydeck was born when Saurabh Suman was going through bad financial crisis and wanted to pay his house rent and CAM charges with credit card. And he didn't get a single option to do so in India. With this frustration & pain firsthand inspired him to create a solution that would enable anyone to use their card of choice for any payment, regardless of acceptance & without optional recipient participation.
One of the greatest innovations of the 20th Century, in payments space, was the advent of cards – credit and debit. The ease with which the cards fit into your wallet and significantly reduce the need to carry large sums of cash on you at all times, has left the consumers mesmerized. Across the globe, acceptability of cards has increased at a scorching pace and in the Western World more than 50% of all consumer payments are made using cards (credit cards mainly).
However, in India, while the trend is clearly on the rise, the overall penetration is much lower at <5%. This is on account of two reasons: societal preference for use of cash and paucity of POS terminals in the country – of the 1 crore retailers in the country only about 6 lac retailers allow the use of cards to make a payment. The second factor leaves us, Indians, with the need to keep carrying cash in our wallets/purses and feeds into our preference for using cash.

With this background in mind and to help the Indian society to truly unleash the power of cards, PayDeck was founded. The idea is simple – use the two items most commonly found on a significant majority of Indian viz. the Mobile Phone and the Bank Card (debit/credit) to enable users to make a variety of payments quickly, conveniently and ‘on the go’. So rather than driving to the nearby ATM and standing in queue to get your own money, you now have quick access to the money and can make payments within a few clicks of buttons. As time goes by, the number of clicks required will keep going down – that’s a promise!!