Worldline partners with 3ioNetra to revolutionize donation management for temples and trusts
India — 15 / 05 / 2024
This collaboration will empower over 1,000 temples and trusts across India in the next two years
Mumbai, 15 May 2024: Worldline (Euronext: WLN), a global leader in payment services, announces its partnership with 3ioNetra – a digital solutions provider to enable devotees to make donations using various payment modes such as UPI, cards, and net banking. Integrating its Next Gen Payment Gateway solution will enable temples and trusts to be fully compliant with regulations.
Ensuring compliance with regulatory requirements
Traditionally, temples and trusts have been heavy cash locations, requiring significant operational costs to manage cash transactions. This partnership will provide temples and trusts with a seamless donation experience, improved transparency, and simplified compliance procedures, ultimately fostering greater trust and support from their donors and stakeholders.
The partnership aims to provide a tailored payment solution suited to the needs of temples and trusts holding 80G certificates. It will streamline the donation processes for over 1,000 temples and trusts across India in the next two years. Many temples and trusts are reaping significant benefits by digitizing the collection of donations. Digitization has brought transparency to the ecosystem, and it is building confidence among donors.
One of the key features of the platform is its robust data capture system. For every donation, essential details such as the donor's name, email ID, mobile number, address, and PAN number are captured securely. Upon successful donation, a personalized 80G receipt is promptly issued to the donor via email, SMS, and WhatsApp, facilitating easy record-keeping and 10BD &10BE tax compliance.
Mr. Sheik Mohideen, Executive Vice President – India, Worldline, said, “We’re confident our partnership with 3ioNetra will significantly benefit both companies, as well as temples and trusts across India. Our Next Gen Payment Gateway streamlines the donation experience for donors, ensuring transparency and accountability throughout the process. This sets a new standard for compliance management in the philanthropic sector.”
Mr. Sharad Kamath, Chief Executive Officer, of 3ioNetra, said, "Our collaboration with Worldline for its solution - Next Gen Payment Gateway marks a significant milestone in our mission to revolutionize donation management for temples and trusts. By combining our expertise in donation platforms with Worldline's robust payment solutions, we are empowering these institutions to navigate complex compliance requirements with ease while enhancing donor satisfaction."
The device comes with a sophisticated ARM cortex R5 500 MHz processor, a powerful 2000 mAh battery, digital display, essential 4G and WiFi communication, enhanced memory, and can be customised for brands too.
About Worldline
Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated 4.6 billion euros in revenue in 2023.
In India, Worldline has been building a robust payment ecosystem and a Buland Bharat for over 26 years. Our PayTech offering in India encompasses the entire payment value chain – in-store and online - and is aligned with our commitment to building a less cash economy in India and boosting economic growth. Today, Worldline is acknowledged as one of the foremost PayTech organisations in India and is a preferred partner for 30+ leading public and private sector banks along with NBFCs, Insurance Companies, E-commerce, Start-up, Retail brands and SMBs.
About 3ioNETRA
3ioNetra, India's premier temple and trust management platform, continues to be the trusted choice for over 400 temples and trusts across the country. Offering an integrated platform, 3ioNetra provides a comprehensive suite of solutions tailored to the specific needs of temples and trusts. From temple websites facilitating online donations and seva bookings to ERP solutions for efficient daily receipt generation, income and expense management, and accounting, 3ioNetra ensures seamless operations. Additionally, the platform offers a dedicated mobile app for volunteers and trustees, payment gateway solutions for digital transactions, and communication tools such as WhatsApp, email, and SMS, fostering better connectivity and engagement for temples and trusts nationwide.
With 3ioNetra, temples and trusts not only preserve their centuries-old traditions but also embrace modern management practices. By offering a range of digital solutions, 3ioNetra empowers these institutions to effectively manage their operations while staying connected with devotees and supporters across India. Through its user-friendly interface and comprehensive features, 3ioNetra is revolutionizing temple and trust management, ensuring the preservation and growth of India's cultural and spiritual heritage.