Payworld upscaling the industry with its new-age offerings

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 need for making services such as instant cash withdrawal or swift transfer money alongwith mini ATMs accessible to the urban and remote areas. 

Payworld helps bridge the gap between unexplored markets and service providers. Using its intelligent electronic transaction processing platform, the consumer can conduct transactions by visiting retail touchpoints where they can pay digitally or via cash. The firm works with the philosophy of ‘Making life simple’ and provides opportunities to its retailers and distributors to earn with minimum investment and maximum return.

Payworld offers an array of services ranging from AEPS, MR, mATM to mobile and DTH recharges, rail, air and bus reservations, utility bill collections, digital wallets, cash management services, cash withdrawal points along with assisted e-commerce. Alongside, the firm also offers insurance solutions at the pan India level.

Aadhar Enabled Payment System

Payworld Retail touchpoint is there for all your banking needs. AEPS uses Aadhaar Data and Biometric authentication in place of the brick and mortar ways of information collection of customers including signature or debit card details. It allows them to withdraw, deposit and transfer cash as well as access bank statements without visiting their bank branch. Instead of searching for an ATM or a bank branch, customers can visit their nearest Payworld retail touchpoints and conduct all the transactions using their Aadhaar Data and Biometric Authentication.

The AEPS service offers various benefits of instant service activation, switching between multiple banks for AEPS, as well as a payout facility on bank holidays. Via this offering, you have an opportunity of earning up to Rs. 10,000 per month and the withdrawal capacity is between Rs. 100 to Rs. 10,000.

To get started with your AEPS service, all you need to do is select the AEPS device, upload the necessary documents, map the device on service activation and just start transacting and earning!

Money Remittance

Thriving in the digital era, transactions in the online space have become the new normal. Payworld’s Money Transfer service allows you to make transactions anytime, anywhere. You can send or receive money from any IMPS and NEFT supported bank in India. The money sent to the beneficiary is credited to the bank account within 10 seconds. These transactions are safeguarded by highly secured servers. Customers have the liberty to send the amount to the retailers via any mode. Payworld’s Money Remittance facility has been approved by the RBI and is a PPI and Banking Correspondent license holder.

This offering of Payworld not only provides services of instant money transfer and best in class margins but also enables easy to use money transfer platform along with instant sender KYC process. To be a part of this plan, all you need to do is select MR plan, upload necessary documents and start transactions within 48 hours.

Payworld’s mini ATM service

We all have faced instances when we were in dire need of cash but were unable to find ATMs around us! This can be a pretty daunting situation. To cater to this problem, Payworld came up with a solution by offering a new-age cash withdrawal solution via its range of retail outlets. Be it making payments for purchasing goods or services or to withdraw cash from the retail store, the micro ATM devices from Payworld offer convenient cash withdrawal and payment processes. You can withdraw up to Rs. 10,000 from this device by swiping any bank’s debit/credit card.

This is a portable device that offers convenient and easy transactions at the doorstep of the customers. This service also offers a differentiating benefit of a payout facility on bank holidays.

To avail the mATM services, all you need to do is select mATM device, upload necessary documents, pair device on service activation and just start transacting and earning.

If this interests you and you wish to become a Payworld Retailer, then all you need to do is sign up here-

https://www.payworldindia.com/