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 financial shift.
On the flip side, many individuals are experimenting and finding their pathways to give entrepreneurship a chance. However, new ventures require financial backing and funding. To minimise the gaps between the state of investment and entrepreneurship in our country, a solution requires to be charted. A plan without execution is aimless. And execution without resources is vague.
At Payworld, we recognise this state of distress. So, we put our thinking caps on and started devising ways of branching out and meeting those in need and for the ones who exhibit entrepreneurial capability. With novel digital and financial solutions up our sleeves, we are proud to declare that Payworld is creating a minimum investment, maximum result opportunities for all.
Finally, a chance for locals, Kirana store owners, housewives, graduates, job seekers and rural workers to mine their gold.
Here’s introducing the world of Payworld Retail.
Under this zero-investment entrepreneurship support programme, locals are presented with the opportunity of scaling India’s digital banking and transaction services intrinsically. By way of this programme, a Payworld retailer renders services on behalf of Payworld. With sustainable retailing options to choose from, they create various revenue streams to earn profits for themselves and further diversify services.
With a well-defined commission structure in place for all its services, Payworld enables retailers to encompass different services under the zero-investment programme opportunity.
The following services are offered to Payworld Retailers to explore:
Money Transfer Services
With a 1% profit per transaction, retailers at Payworld can now offer IMPS/NEFT services to their consumers. Further, Aadhar enabled payment services are also made available through Payworld Retailers.
IRCTC Rail and Travel Ticketing
Retailers can furthermore sign-up and get approved as a certified IRCTC ticketing agent to amplify their income stream. Payworld retailers can now book tickets for bus, air and rail travel.
Bill Payment and Mobile Recharge
With little to no investment required, this is one of the simplest ways of supporting entrepreneurial endeavours as a Payworld retailer. With a margin of Rs. 4 on every utility bill transaction, retailers can offer bill payment services for electricity, gas, light, water bills etc. Apart from utility bills, mobile recharges also attract a significant commission.
Retailers can now offer DTH recharges apart from the usual transaction-related and financial products.
Insurance is a stark need in today’s day and age. With the option to sell insurances as a Payworld retailer, this financial product is no longer restricted to tier I cities. Retailers can offer a bouquet of options, including life, general and health insurances. The sale is on a commission basis.
The rural populace can conveniently purchase products through e-commerce sites like Amazon. The process takes place through a Payworld Retailer. After a successful transaction, the goods are delivered to the retailer from Amazon and are further collected or delivered to the consumers.
m-POS and Micro ATM Device
A 2-in-1 device that enables consumers to withdraw money and for retailers to process credit/debit transactions. These tools are testimony to the fact that Payworld is working relentlessly to make convenient banking accessible. As a Payworld retailer under our zero-investment entry programme, you take a massive step towards self-reliance and contribute to our society’s progress at large. All job seekers, homemakers, graduates, Kirana store owners, workers are eligible to apply for this programme.
As of today, Payworld has equipped 400,00+ active retailers in 700 districts and 28 states with the <X%> of aspiring entrepreneurs under the age of <x>
This initiative is in line with the broader vision of strengthening India as a digital economy with a holistic coverage of financial technology reaching the nation’s nook and corners.
With the watchwords of this programme being “Empowerment” and “Self-Reliance,” Payworld aims to build the bedrock of entrepreneurial efforts at the same time adding a layer of convenience for the locals by redefining rural banking as we know it today.
Calling all aspiring businessmen and businesswomen to be part of this stellar initiative and join hands to create an integrated rural digital system. Interested in pursuing your entrepreneurship endeavours and supporting your dreams independently, join us as a Payworld Retailer! For more details, click here