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  • PayNearby to start cross-border remittance services by Oct

    • PTI
    • By Kalpana Mandal, PTI
    • July 26, 2022

    "The Reserve Bank has granted us the approval under the second cohort for cross-border remittance. India gets about USD 80 billion as remittance every year which either comes in cash or in bank account," Anand Kumar Bajaj, Founder, MD & CEO, PayNearby told PTI.

  • Sachet subscription' for ₹10 per movie on OTT platforms through PayNearby DaaS network is not very far: PayNearby MD

    • PTI
    • By Kalpana Mandal, PTI
    • July 24, 2022

    "Imagine if I start selling one movie on any OTT platform at Rs 10 in cash, it is going to crash down their servers. So to cater to this mass segment which we call Bharat... we are in talks with Netflix already," Bajaj told PTI in an interview.

  • Protean and PayNearby announce partnership to offer paperless PAN services

    • Press Release
    • By PayNearby Release
    • June 20, 2022

    PayNearby, India’s leading digital payments and largest branchless banking network today announced a strategic partnership to offer PAN-related services for PayNearby’s retail partners

  • PayNearby extends digital payment and banking services to Indo-China and Indo-Pak borders

    • Press Release
    • By PayNearby Corporate Communications
    • May 26, 2022

    In continuation with its commitment to financially and digitally empower the last mile across the length and breadth of the country, PayNearby, India’s leading digital payments company and largest branchless banking network, today announced that it is now available in Jammu & Kashmir along with Sela Pass in Arunachal Pradesh on the Indo-China border and Lakhpat in Gujarat on the Indo-Pakistan border.

  • 58% women prefer AePS to access their bank accounts in semi-urban and rural India: PayNearby

    • Press Release
    • By PayNearby Corporate Communications
    • March 8, 2022

    The insight was shared as part of a detailed survey titled - ‘PayNearby Women Financial Index (PWFI)’ – an annual Pan-India report showcasing financial consumption by women at retail outlets, released by PayNearby today. The annual report, in its second edition, was prepared basis a Pan-India survey conducted by the company among 3,000+ retail stores in the country, recording financial transactions of women consumers as observed in those outlets.

  • PayNearby is Great Place to Work-Certified™ in India

    • Press Release
    • By PayNearby Corporate Communications
    • February 28, 2022

    PayNearby, India’s leading digital payments company and largest branchless banking network, announced today that it has been Great Place to Work-Certified™. Great Place to Work® is globally known for its rigorous and objective methodology for identifying and defining great workplaces across business and government organizations. This certification is an acknowledgement of PayNearby’s people practices and a recognition of its focus on building a great workplace culture.

  • PayNearby strengthens its leadership team with the appointment of Vikas Jalan as Chief Financial Officer

    • Press Release
    • By PayNearby Corporate Communications
    • December 14, 2021

    Vikas Jalan has joined its executive team as the Chief Financial Officer. Vikas brings to the team demonstrated excellence in formulating and implementing financial initiatives to achieve business goals. He comes with deep financial experience pertaining to private equity, M&A and corporate strategy to propel PayNearby into its next phase of growth and drive the cause of financial and digital empowerment of all citizens of the country.

  • PayNearby sets up one lakh MATMs across India; witnesses ₹ 500+ crores worth of cash withdrawal every month

    • Press Release
    • By PayNearby Corporate Communications
    • November 22, 2021

    Reaches out to 17, 600+ PIN codes through its 41+ lakh microentrepreneurs ensuring the availability of micro-ATMs for the unbanked and underbanked. PayNearby witnesses over ₹500 crores of Micro ATM withdrawal and overall ₹4,000 crores of cash withdrawal (including Aadhaar ATM) every month

  • PayNearby cash collection crosses ₹350 crores worth transactions in monthly GTV

    • Press Release
    • By PayNearby
    • September 13, 2021

    PayNearby, India’s leading digital payments company and largest branchless banking network, today announced that its enterprise offering that facilitates ‘cash collection’ as a service has crossed ₹350 crores worth transactions in monthly Gross Transaction Value (GTV).

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