Business Model & Purpose of Payment Gateway

About the Platform

Livinnza is a product owned and managed by Pleasant Biz Technologies Private Limited, registered at No. 152, Geddalahalli, Bangalore. Livinnza, accessible at www.livinnza.com, connects hostel vendors with students, facilitating seamless discovery and booking of accommodations. While Livinnza does not own hostels, it allows hostel owners to register their properties and showcase their facilities. Students can browse, compare amenities, and apply directly through the platform.

When hostels opt for Pleasant Biz’s ERP, Livinnza serves as a streamlined CRM system, managing student applications and syncing data seamlessly with the ERP. Students can handle leaves, attendance, and payments via the mobile app, while hostel owners can manage bookings, track activities, and issue invoices.

All hostels listed on Livinnza enter into an agreement with Pleasant Biz Technologies Private Limited, ensuring a smooth and compliant experience for all parties.

Purpose of Payment Gateway

The payment gateway is integrated into the Livinnza platform to facilitate secure and efficient transactions between hostel vendors and students. Hostel vendors can accept payments for their services through the platform, while students can make payments for their bookings. The gateway ensures a smooth and secure payment experience for all parties involved.

Provides secure digital payment for hostel fees and services
Supports UPI, cards, and net banking for convenience
Real-time confirmation and digital receipts for every transaction
Adheres to data security standards and regulatory norms

Business Model

A small platform charge is applied to cover payment gateway fees, infrastructure, and support
All charges are clearly shown on invoices for transparency
Please note that a nominal service or convenience fee may apply to online transactions, supporting platform maintenance, customer support, and continuous service improvements
UPI and RuPay transactions are compliant with all relevant regulations

Benefits

Removes manual payment delays
Simplifies financial management for students and hostel owners
Enhances accuracy and user satisfaction