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EnKash Launches India’s First Payment Gateway Designed Specifically for SMBs and Startups.

Banking & Finance | Dated: 23 May 2025

In May 2025, Mumbai-based fintech innovator EnKash officially launched the ‘EnKash Payment Gateway’, a first-of-its-kind digital payment solution built exclusively for India’s Small and Medium-sized Businesses (SMBs) and startups. This strategic move is aimed at solving the unique and underserved payment processing needs of over 63 million SMBs and startup merchants across the country.

🎯 Key Highlights:

  • - Despite India’s booming digital economy and ₹14 lakh crore in UPI transactions in March 2025, many SMBs still struggle with 20–30% payment failures, slow manual reconciliations, and fragmented systems offering no unified control over payments and spending.
  • - The EnKash Payment Gateway introduces a fully integrated payments and spend management stack. It brings together a comprehensive suite of tools including accounts payable automation, expense management, corporate cards, loyalty programs, and a seamlessly embedded payment gateway—making it a powerful one-stop platform for modern businesses.
  • - Built with scalability and simplicity in mind, the gateway features low-code/no-code integration, automated reconciliation, and zero-cost lifetime support. These offerings are tailored to help small merchants, SaaS platforms, and D2C brands modernize their commerce operations without high technical barriers or costs.

💡 Other Important Facts:

  • (i) EnKash has ensured that the gateway provides a frictionless experience across various sectors—including B2B commerce, healthcare, logistics, hospitality, education, and online retail—supporting diverse transaction flows and improving business agility in digital payments.
  • (ii) From a security standpoint, the gateway is equipped with bank-grade protection mechanisms such as PCI DSS compliance, end-to-end encryption, tokenization, and real-time threat detection, ensuring secure processing and safeguarding sensitive customer data.
  • (iii) Founded in 2018 by Yadvendra Singh Tyagi, Hemant Vishnoi, and Naveen Bindal, EnKash has emerged as a leading B2B fintech company. It holds multiple RBI-regulated licenses, including PAPG (Payment Aggregator – Payment Gateway), BBPOU (Bharat Bill Payment Operating Unit), and the recently acquired PPI (Prepaid Payment Instrument) license—solidifying its position as a major force in India’s digital financial landscape.

📚 Test Your Knowledge:

Which company recently launched India’s first payment gateway specifically designed for SMBs and startups?

Correct Answer: EnKash

🚀 Quick Recap: