About Us
GI Technology, established in 2005 as a technology service provider offering e-payments platforms, is a part of the GI Retail Group.

GI Retail group is promoted by Ramu Annamalai Ramsamy and RM. Palaniyapan, technocrats from Chennai, who have built innovative technology platforms, nationwide agent network and a credible business model for the participants in the retail agent network industry.

The Group was formed with the vision of improving the standard of life of every aspiring Indian through GI’s products and services.

Since inception, the group’s primary focus has been to reach out to the underserved customers that are usually perceived as being ‘expensive to serve’.

A constant endeavour has been to eliminate barriers to not only convert these ‘non-customers’ to our channels, but also help them form long term habits of using them.

GI continues to play a pivotal role towards creating a less cash society, by reaching millions of customers in the underserved segments by providing financial payment products and services that are convenient, efficient, secure, reliable and affordable.

More than 9.5 million lives have benefitted in the last one and a half years by our products & Services that are sustainable, profitable and scalable .

The Group translates its dream of empowering customers and improving livelihoods, into reality by bringing day to day services such as money transfer, electronic payments and travel ticketing, which are indispensable to the migrant and working populations, through an efficient, safe and affordable pan-India digitally enabled agent network.

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Our Achievements

Today GI is a leader in various verticals

  • Largest in terms of active wallet base of migrant labourers in India.
  • Largest player in domestic money transfer in India carrying out the largest number of transactions on IMPS.
  • GI is the Recipient of National Payments Excellence Awards 2014 from NPCI.
  • Largest principal agent for IRCTC and GI’s ICASH CARD is the largest used PPI on IRCTC website.
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Success Mantra

The success of the Group can be ascribed to the 10 cornerstones of our businesses

  • We believe that small volume businesses are big businesses of the future
  • We understand the importance of Financial Inclusion and Literacy.
  • We serve migrants and small entrepreneurs that are highly mobile and build relationships across their requirements, including small financial transactions.
  • We understand the non-customers of existing service providers and have a credible track record in creating products and services to address their requirements
  • We create cost effective, distribution channels by identifying trusted community resources and making them successful
  • We have developed expertise in understanding low value, high volume businesses and have, over the last 14 years, successfully built low cost, robust technology required to succeed in these segments
  • Our customer acquisition has primarily been through service quality as well as through intuitive, easy-to-use products.
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I Cash Payment Instrument: Fast, Secure and Reliable

GI Technology is the promoter of the exclusive ICash card, India’s leading pre-paid Cash card. The product has been approved by reserve Bank of India under semi closed prepaid instrument category.

In the last 15 months, more than 35 lakh migrant workers have been provided either through a bank wallet or an ICASH wallet that has enabled them to store and transfer money to their families safely, instantly and at a much lower cost, through our agent network that is easily accessible and conveniently located.

I Cash is issued and topped up by a country wide network of over 80,000 plus strong retail agents, managed and owned by our group company, Hermes. I Cash is also distributed by other partners’ network outlets numbering to about 100,000 agents across India there by making I Cash easily available across the country. In addition to the above resources, I Cash can also be topped up at leading banks, through special pay in slips, internet and mobile

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To know more about our benefits, please contact us on
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