CLOUDWELL LIMITED Reviews and Rating

CloudWell Limited is an application service provider, working in multiple areas with a special concentration in product and service retailing to the mass. Its focus is to bring efficiency in payment systems so that cost of funds gets lowered for business houses whilst utilizing all available channels for collection of funds. The company is established in 2012, its leadership team members are renowned professionals in banking, FMCG and ICT e-commerce businesses of Bangladesh for over 14 years. CloudWell aspires to provide the most simplified payment experience for customers from touchpoints within reach. To achieve this objective CloudWell is service focused and built around that formula where existing infrastructure are best utilized to enable enterprises with round the clock payment services. It has established an organized merchant network under its service brand named “PayWell”. PayWell intends to deliver payments and services through a uniquely strong combination of local shops, internet and mobile distribution channels. It aggregates multiple services in a single platform and connects thousands of merchants who sell these services to end consumers and simultaneously can accept payment from MFS wallet. Key features of PayWell platform are as follows: • First-of-its-kind retail network in Bangladesh using cutting-edge technology and very advanced telecommunication applications. • Full back office platform, developed, hosted and managed in-house • Applications used by all users are developed in-house • Authorized by Bangladesh Telecom Regulatory Commission • Standard Distribution Architecture is followed, where Service Delivery Agents (SDA) are appointed to manage merchants in a defined territory.