Frequently Asked Questions

  • General
  • Service

Starting a business with PayNearby is very easy and simple. You do not need any employee for this. You can complete a transaction within 2 to 3 minutes. You need to pay a one-time license fee of Rs. 1000.

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Our customer service team is available from 8 am to 8 pm to assist you. Customer service is available in many regional languages. You can also contact your local Relationship Manager for assistance.

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PayNearby commissions are credited to your wallet on the very same day, whereas other companies pay it after one day.

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It is very easy to understand our insurance products and services. We provide product and insurance selling training through videos. You can download marketing collaterals from our app and display it in your store. Should you need any help, please contact our customer service team or our Relationship Manager.

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PayNearby is an ISO 27001 and DIPP certified fintech company. Your PAN Card information will be safe with us. PAN Card is mandatory for all financial transactions.

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Minimum Rs. 1000 can be uploaded in the wallet.

No. You cannot run 2 IDs simultaneously with the same documents. For security purposes, both the IDs will get blocked. If your IDs get blocked, you can send an email to customercare@paynearby.in along with details of the ID you want to continue with.

You can contact our customer care on +91 33 6690 9090 for assistance on this matter.

• Branch deposit

• CDM deposit

• Net banking (Payment gateway)

• Same/Other bank transfer

• CDM card

Yes. The charges are mentioned below:

• Branch Deposit: ₹ 25, if the amount is less than ₹ 35,000

• CDM Deposit: ₹ 25, if the amount is less than ₹ 35,000

• Payment Gateway: ₹ 12 per transaction

There are 6 banks available for Branch & CDM deposit.

• Yes Bank

• ICICI Bank

• Axis Bank

• State Bank of India

• Karur Vysya Bank

• Federal Bank

• Go to ‘Banking & Finance’ option on the Web portal.

• Get the prefilled deposit slip.

• Fill the required details.

• Submit at the branch.

• Upload the deposit slip received from your bank.

• After submitting the slip, top-up will be credited within 30 minutes.

When you transfer your trade balance amount to your linked bank account it is ‘Move to Bank’. Move to Bank option is available under the Trade Wallet option in the mobile app.

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