Payworld is Opening Multiple Avenues for Business in the Wake of the COVID-19 Pandemic

    With the disastrous COVID-19 pandemic and the subsequent stringent lockdown, various small businesses, industries, income opportunities and jobs had to face a sudden jolt. The drastic measures are taken by the Indian government to control the spread of the infection resulted in several unprecedented shutdowns and lay-offs.
    To bring some semblance of normalcy in the prevailing environment, Payworld has launched multiple initiatives to extend new business opportunities to both its existing network and other retailers affected by the pandemic. The unique financial services portal is helping transform lives through significant opportunities for maximizing their earnings.
    Creating Opportunities for the Existing Retailers Framework
    With the pandemic having set in and income opportunities taking a drastic hit, many small businesses and retailers found themselves struggling to make ends meet. Payworld stepped forward to helps its registered retailers, in urban, semi-urban and rural segments, to augment incomes through exciting avenues.
    During the first wave of the pandemic, Payworld launched the Malamaal Weekly initiative, where the company sent out assured gifts and jackpots to Payworld Retailers from different corners of the country. From electronic appliances to vehicles, gadgets to technology goods, Payworld handed out several quality prizes to these COVID-19 warriors who were providing essential services to residents in their area during the disastrous first wave of COVID-19.
    On similar lines, Payworld has launched the Mega Monsoon Dhamaka 2021 in the wake of the second wave of the COVID-19 pandemic. Payworld retailers who drive larger sales are to be felicitated with incredible gifts to boost their morale as well as augment their income opportunities. With assured gifts to its retailers in these testing times, Payworld is setting the tone for customer-centric services throughout the country.
    “Making Life Simple” for the Underserved
    Apart from helping its chain of retailers to grow and maximize their incomes, Payworld has also stepped up its financial services such as Domestic Money Remittances, Digital Payments, Insurances, Rail and Air Ticketing, to name a few. With these initiatives, it is supporting a large number of residents in backward areas in dire need of such services through its 4 lakh+ stores across the country.
    Not just this, Payworld is also enabling the general population’s access to emergency services such as money transfers and cash withdrawals in line with its philosophy of “Making Life Simple”. With its Aadhar Enabled Payment System (AEPS) service, Payworld’s customers can complete all their transactions using their Aadhar data and biometric authentication alone, without the need for ATMs or bank branch visits. Paying bills instantly and from anywhere through Bharat Bill Payment System (BBPS) and recharging mobile phones or data cards through Payworld’s interface has removed any complications.
    Payworld also closely collaborates with service partners in Tier-II and Tier-III cities over need-based insurance products such as four-wheelers and two-wheelers, along with life and health insurance. As an authorized provider of insurance solutions in India, Payworld is catering to high-risk groups who cannot pay high insurance premiums.
    More Avenues, More Facilities, More Incomes
    Such steps by Payworld are indirectly also helping residents diversify their income sources in these trying times of the COVID-19 pandemic. For instance, many citizens, especially women, are now launching small businesses from their homes.
    Thanks to Payworld’s instant payment, cash transfers, mobile and internet recharge facilities and bill payments, they do not have to step out of their home to conduct business online. From selling homemade goods to providing online/offline services, Payworld is helping several small businesses and individuals flourish from their respective locations.