Sarvatra Technologies Pvt. Ltd. is a unique end-to-end solutions provider focused on enabling “Next-Generation Banking” technology deployment for Commercial Banks in private and public sector, Co-operative Banks, Rural Regional Banks, and Credit Societies.
Sarvatra’s focus, since its inception over 15 years ago, has not only been to develop innovative banking products, switching and payment solutions addressing the special requirements of the rural/co-operative banking sector, but also endeavoring to remove all budgetary, technological, operational, and infrastructural impediments faced by the sector. Today, we are a leading end-to-end solution provider offering RuPay Debit cards, ATM, POS, ECOM, Micro ATM, IMPS, AEPS, UPI, BBPS, and POS-based Branch Servicing solutions.
Sarvatra Technologies is a pioneer in developing payment solutions on NPCI platform. Our several firsts include us being the first ASP to enable sub-member banks on RuPay ATM, ECOM, VAS, and IMPS. At present, we are enabling modern switching and payment services for over 600+ banks across India. Sarvatra Technologies deployed an IMPS Switch for ICICI Bank, one of the largest private banks in the country. This Switch is integrated with all existing channels of the bank and enables significant revenue generation and cost savings for the bank. This implementation has one of the best uptime, throughput, and reliability record in India and has been recognised and awarded by NPCI.
The company comprises of a stable management team that has worked together for 20+ years and possesses diverse experience in software, hardware, networking, and banking sector. Our strength is our 350+ strong technology team engaged in Embedded Software, Mobile & Biometric Apps, Web Apps, Core Banking, Payment Switching Apps, Technical Support, Sales & Marketing Support, Data Centre Management, and Card Management.
“Transact with ease.” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
“Building innovative technology solutions for financial institutions in India to help serve their customers.”
Our vision is to become India’s premier banking technology solutions provider for banks and financial institutions across rural India by leveraging on our technological prowess and deep domain knowledge of the rural banking and finance sector and to promote inclusive banking in the underbanked population of India by providing banking solutions that ‘work for everyone, everywhere’. We have embraced and invented new technologies and as we go on towards the future, we intend to exploit the full potential of new technologies to empower our clientele.
As of today, Sarvatra manages almost 30% of the total transaction volume generated on IMPS nationally. Also, we have issued over 1.7 Crore Rupay Debit Cards across 27 States and 3 Union Territories in India and enjoy 54% market share in RuPay NFS sub-membership.
54% market share in RuPay NFS sub-membership
30% of the total IMPS transaction volume in India