Open-loop payments platform for transit, toll, and smart-city infrastructure
Paycraft builds payment infrastructure for offline transit and toll systems across Indian cities. The stack—Java, Spring Boot, Kafka, PostgreSQL, MongoDB, Redis, Cassandra, Elasticsearch—reflects a distributed, transaction-heavy architecture designed to handle millions of commute transactions. Hiring is minimal and concentrated in ops and engineering, suggesting the company is optimizing existing deployments rather than scaling new products; pain points around project delivery efficiency and incident SLAs indicate operational maturity challenges as transaction volume grows.
Paycraft is a payments infrastructure company founded in 2013, focused on open-loop card and payment solutions for transit operators, toll systems, fuel networks, and smart-city applications. The company holds official Token Service Provider status with Visa and has deployed fare-collection systems across Kochi, Bengaluru, Ahmedabad, and Surat, with ten additional transit operators in the pipeline. Core products include debit and prepaid platforms, automatic fare collection systems, instant card issuance, host card emulation, and terminal kernel solutions. Revenue scales with transaction throughput across public transport networks; the company serves banks, payment processors, device manufacturers, and transit operators.
Paycraft uses Java, Spring Boot, and Jakarta EE for application logic; Kafka for event streaming; PostgreSQL, MongoDB, Redis, and Cassandra for state and caching; and Elasticsearch with Kibana for observability across transaction processing.
Paycraft is headquartered in Mumbai, Maharashtra, India, and currently operates payment systems in Kochi, Bengaluru, Ahmedabad, and Surat with plans to expand to ten additional cities.
Paycraft has 8 active open roles across operations (4), engineering (3), and product (1), distributed across junior, mid, senior, and VP-level positions; all hiring is currently in India.
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