Mylapay

Mylapay is a next-generation payment infrastructure company enabling seamless card and digital payment processing through a unified platform. The company serves banks, payment aggregators, and fintechs by providing end-to-end solutions for authentication, authorization, reconciliation, and dispute management.

Core Products & Services

• 3DS Authentication Server – Secure online payment authentication with fraud prevention, data insights, and seamless user experience for card transactions

• Authorization Switch (SwitchX) – Smart routing and switch-level controls for cards, UPI, and NetBanking with high success rates and real-time optimization

• IntelleEngine/IntellePro Transaction Processing – End-to-end post-authorization platform handling settlements, chargebacks, reconciliation, nodal accounting, and fraud/risk management

• Payment Orchestration – Unified gateway connecting merchants, banks, and customers for secure, fast transaction processing across multiple payment rails

• UPI Payment Solutions – Real-time processing for high-volume UPI operations with speed, accuracy, and compliance features

• Clearing & Settlements – Automated 360-degree transaction reconciliation, BIN cost management, and interchange costing

• Fraud & Risk Management (FRM) – Advanced controls including card scheme costing, BIN sharing, and cost-plus commercial models

Business Model & Revenue Streams

Payment Infrastructure SaaS & Processing Platform Model – Cloud-native, PCI-DSS compliant platform offered as-a-service to banks, payment aggregators (PA-PGs), and acquirers; processes end-to-end payment flows as certified processor/intermediary between merchants and global card networks (Visa, Mastercard, RuPay, Amex)

Primary Revenue Streams:

• Transaction Volume Processing Fees – Per-transaction or percentage fees on payment volume processed through 3DS, authorization switch, and IntelleEngine; scales with client transaction growth (50M+ transactions/day capacity)

• SaaS Subscription/Licensing Fees – Monthly/annual licensing for core infrastructure modules (authentication, switch, processing engine) with tiered pricing based on volume/capacity

• Value-Added Services Revenue – Premium fees for fraud/risk management, chargeback handling, advanced reconciliation, and compliance reporting

• Implementation & Integration Fees – One-time setup charges for onboarding banks/PGs with custom integrations to card networks and UPI rails

• Cost-Plus Commercial Revenue – Interchange, scheme fees, and BIN cost optimization services generating margin on payment cost savings delivered to clients