PayNearby has been recognized as a thought leader in digital payments and branchless banking. Our founders views are regularly sought by media.
Professor Lauren Cohen and Research Associate Spencer C. N. Hagist prepared this case. It was reviewed and approved before publication by a company designate. are not intended to serve as endorsements, sources of primary data, or illustrations of effective or ineffective management.
With the simplified Current Account option, we are giving retailers and customers better control over their money, allowing them to maintain healthy financial practices and help their businesses thrive.
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 stores, released by PayNearby in association with the Reserve Bank Innovation Hub (RBIH) today.
The insight was shared as part of the second edition of the pan-India report titled ‘Retail-O-Nomics’, released by PayNearby. The report has been prepared basis transactions across a million plus retail touchpoints throughout the country.
PayNearby has registered 75,000+ semi-urban and rural retail counters in the country as PAN issuance agents. Now customers can go to the nearby store and get their PAN cards easily with the help of just their Aadhaar number and biometric or SMS OTP-based authentication
With its ‘Pehchaan ID’ and ‘Nayi Uunchai Ki Zidd’ campaigns, the company looks to recognize, acknowledge and applaud the efforts of every neighborhood retailer in the country.
The latest appointments are tactically aligned to the company’s ambitious plans to drive growth, through DaaS, across emerging businesses and channel partners, while bringing millions at the last mile into the formal financial fold.
Enabled by Aadhaar led authentication (eKYC), the opening of these bank accounts at a nearby local store will ensure easy access, greater convenience and a hassle-free process for customers.
PayNearby looks to assist citizens with all their central and state government services-related needs across 20,000+ PIN codes with its tech-led DaaS network of 50+ retail partners while aiding the reach of UMANG services to a larger user base of 20+ crore customers.
Use PayNearby app & take charge of all your transactions to grow your business
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