In News
PayNearby has been recognized as a thought leader in digital payments and branchless banking. Our founders views are regularly sought by media. Read more
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How PayNearby is empowering kirana stores to fight Covid-19
- Retail4Growth - Retail Networks
- May 27, 2020
We are offering financial training programs with our retail partners better known as ‘Digital Pradhans’, which will help create awareness about various financial products that are beneficial for rural audiences
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...but cash continues to be king
- Mint
- May 11, 2020
Small retailers have little choice but to seek cash from customers as their suppliers are demanding payments in cash. A look at the digital payments data for April paints a dismal picture as all but AePS have seen volumes crash
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AePS surge shows cash is king again, for now
- Mint
- May 11, 2020
The segment of the population that the government is making transfers to anyway deals in cash. So right now, cash is in because there is no other option.
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Lockdown leads to resurgence of cash as digital payments decline
- Mint
- May 10, 2020
Cash in circulation in the economy has also grown since the beginning of the financial year 2020-21 by 3.6% to ₹25.35 trillion as on 1 May. A look at the digital payments data paints an abysmal picture as all but Aadhaar-enabled payments system have seen volumes crash in April.
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Fintech boom falters as cash becomes king
- Mint
- April 28, 2020
“Aadhaar-enabled payment system (AePS) was thought to be poor man’s fintech, but covid-19 has blurred that distinction,” said Anand Kumar Bajaj, chief executive of PayNearby, a firm that provides digital banking services.
