Orbit Wallet provides a digital wallet solution with an NFC-enabled card for retail payments and mobility access. Their platform offers a complete NCMC card stack, tailored for smart city applications.
Funding
$149.8K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals in India face challenges with fragmented payment systems for transportation, retail, and online transactions, requiring them to carry multiple cards or use different apps. This creates inconvenience and inefficiencies in daily transactions.
Solution
Orbit Wallet offers a unified digital payment solution centered around an NFC-enabled card, streamlining transactions across various platforms. The Orbit Card facilitates payments for metro, bus, tolls, parking, retail shopping (both online and offline), and fuel purchases. The card is reloadable and accepted at numerous merchants, providing users with a single card for diverse payment needs.
Target Audience
The primary target audience includes commuters, shoppers, and individuals seeking a convenient and unified payment solution for daily transactions in India.
Features
- NFC-enabled card for tap-and-go payments at supported merchants and transit systems
- Reloadable card functionality for continuous use
- Acceptance at metro, buses, tolls, and parking locations across 15 cities in India
- Compatibility with online shopping platforms
- Rewards program for transactions made using the Orbit Card
- Mobile app available on iOS and Android for card management