Financial inclusion promotes the expansion and sustainability of an economy by providing affordable financial products and services to all. It focuses on enabling individuals and businesses to safely carry forward financial transactions, make payments, save money, and avail of credit and insurance services responsibly. Many people around the world need access to formal financial institutions. […]
Since the pandemic, almost everyone around us has switched to a FinTech platform to manage their finances. FinTech platforms such as Payworld have easy access for people in each aspect of their financial needs just by clicking a few buttons. Payworld provides technologies underlying financial services and goods which are the core for the development […]
As the world experienced a sudden halt after the pandemic, it is now proceeding towards a ‘new normal’ economic climate. Leaders in the financial industry have the chance to endorse a more direct, personalized, and socially responsible approach to performing fundamental roles. In fiscal year 2022, India made digital payments worth Rs. 7,422 crore at […]
As India is moving towards the Digital India Initiative, connecting the remote areas of India and extending digital facilities for people living there is one of the biggest challenges that the Government of India faces. Most people living in Tier 2 and Tier 3 cities either don’t have access to basic banking facilities or don’t […]
Digital Banking services have made everyone’s life easy because Individuals can now perform transactions, check account balances, and even make transfers with a simple click of a button. However, these services are available to the people living in the cities and towns. The people living in the rural areas lack the basic internet facilities or […]
With a pandemic covering the face of the earth, the world has been left in shackles. While the working ecosystem shifted to remote, it wasn’t an optimistic scenario for everyone out there. With regular wage workers being left without jobs and migrant workers heading back home, society’s semi-urban and rural sectors are undergoing a massive […]
The urban class has been savoring the benefits of cashless payments, digital economy and financial inclusion. However, it is the rural segment that has been unable to enjoy these new-age financial features and is still unaware of concepts such as financial literacy and FinTech solutions. Even though ATMs are there but there is a dire […]
Amidst the present turbulent times, we at Payworld are striving to offer a ray of hope and entrepreneurship opportunities with our ongoing, Mega Monsoon Dhamaka initiative. The campaign which was initiated on 1st July 2021 is running in full swing and is playing a pivotal role in helping retailers across the country in increasing their […]
Trust has been the cornerstone of successful business, ventures and growth. Without this foundational value, the link between people, processes and systems seem to be broken. With the advent of the internet age and the sparsity of digital-led education, a massive gap has emerged between the tech-savvy and the traditionalists. The urban, semi-urban and rural […]