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New Delhi: Neo Group’s fintech and payments arm, NeoFinity, has launched NeoZAP, a payment tag for digital transactions in India. Keeping millennials and GenZ in mind, NeoZAP works by combining technology with convenience and transforming smartphones into secure payment devices.
Key features of NeoZAP
- Seamless payments: NeoZAP offers pinless transactions up to ₹2,000, faster than UPI and easier to carry.
- Versatile use: It functions as a travel card for metro, bus, and fuel payments.
- Exclusive rewards: Users are offered discounts from more than 200 brands, including PVR, Times Prime, Google, and Cult.Fit.
- Security: Includes fraud protection insurance powered by HDFC Ergo.
CEO’s vision
“We are thrilled to introduce NeoZAP, India’s first payment tag, to the market,” said Rayan Malhotra, CEO of NeoFinity. “We’ve focused on three main things- speed, style, and security. It’s the fastest payment method, and the tag works without internet or battery.”
Launch offer
NeoZAP’s retail price is ₹999. Early adopters can avail a discount of 50%, bringing the price down to ₹499. Pre-booking is available for ₹33 through the official website.
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