Mumbai: ePaisa™, India’s firstmultilingual mobile based point of sale (POS) application has been short-listed as a finalist for the Red Herring Global Top 100 Awards. Inventive, technology-driven companies from around the globe are given the much-coveted award. The US-based magazine Red Herring handpicks the potential awardees through their stringent editorial process. Previous awardees include giants of the digital domain like Google, Yahoo!, Skype and YouTube.

Speaking about making it to the Top 100 finalists, Siddharth Arora, CEO& Co-Founder, ePaisa™ said: “We are extremely thrilled and thankful for being acknowledged globally by Red Herring for our vision toenablethe Indian merchant. ePaisa™ is an ecosystem that allows merchants to accept payments, handle billing, loyalty and offer them a revenue model. It is a first anywhere in the world and we are proud that Red Herring has shown faith in our product.”

Akash OP Aurora, Co-founder at ePaisa™added: “Making it to the Top 100 finalists on a global platform is a big achievement. To think, that we are on the same platform as industry giants like Google, Skype, YouTube, Yahoo! were many years ago, is overwhelming! We feel we are on the right path and are confident of meeting the expectations of the industry. We are working tirelessly towards empowering merchants with a revolution called ePaisa™so that they can finally focus on their businesses.”

The Red Herring Global Awards highlight the most exciting start-ups from over 1000 companies from more than 40 nations in Asia, Europe and the Americas. Hundreds of companies from each region are put under the scanner in a rigorous 3-step process.It is widely recognized as one of the industry’s most prestigious laurel, with hundreds of candidates from each continent competing for anenviable place in the Top 100.

“ePaisa™ is performing exceptionally well in its field and strongly deserves to be singled out as one of the Red Herring global finalists,” said Mr. Alex Vieux, Red Herring Chairman.

ePaisa™ is a young company but that hasn’t stopped it from creating ripples in the mobile payment industry. Since setting up operations in 2012, the company has made it to the Top100 finalists at the Red

Herring Asia 2014 awards in August this year. It was also awarded the ‘Disruptive Company of the year’ in 2013 by TechCrunch. Along the way, ePaisa™ also picked up a nomination for ‘Best mobile payments implementation award’ at Smart Awards.