TraQiQ, Inc. (OTCQB: TRIQ) CEO Ajay Sikka tells Proactive the Bellevue, Washington-based fintech group's subsidiary, Mimo-Technologies has launched its payment collection service and is now collecting payments from its customers in India. Lathika Regunathan, President of Mimo, says India is largely a cash economy, where there are not enough bank branches to handle transactions. Regunathan says the team fills this gap where it helps businesses collect money from customers who don’t have a credit card or a bank account. The Mimo team expects to collect over $1 million this month.
TraQiQ, Inc subsidiary Mimo-Technologies launches its payment service to B2B customers in India
