Home
::
Media
::
RBI proposal will lead to more innovation in the digital payments space

RBI proposal will lead to more innovation in the digital payments space

Source – The Hindu Business Line
Author – Surabhi
Published Date – February 20, 2020

Other Article

PayNearby Saathi Campaign ‘Dil Se Desi. Life Digital.’ Captures Bharat’s Trust-led Digital Shift
PayNearby crosses ₹550 crore in gold loan disbursements through small retailers in semi-urban and rural India in FY26
PayNearby launches UPI Cash Point for cardless cash withdrawals at local retail stores across semi-urban and rural India
Digital Naari Strengthens Lakhpati Didi Momentum in Maharashtra, Deepens Last-Mile Access
38% Women Use UPI Weekly for Daily Essentials: PWFI 2026
Digital Naari Expands Government’s Lakhpati Didi Footprints in Gujarat, Aims for 1 Lakh Women by FY28
PayNearby becomes India’s first fintech to digitise SHG cash withdrawals and deposits with dual authentication
PayNearby secures TPAP license from NPCI; set to expand UPI access to Bharat
Digital Naari launches “Dil Ki Baat” radio campaign on the eve of PM Modi’s birthday, celebrating women’s voices and empowerment across Bharat
PayNearby’s Digital Naari program aims to empower 1 lakh rural women entrepreneurs with sustainable livelihood opportunities
PayNearby’s Digital Naari program aims to empower 1 million women by FY28 through self-employment opportunities
73% MSMEs report Business Growth via Digital Adoption, Led by UPI and Smartphones, PayNearby MSME Digital Index Report 2025
PayNearby achieves ₹17 crores FY25 EBITDA, plans $60 million investment to deepen market reach
PayNearby, M-Swasth to provide affordable and quality healthcare in Bharat through 3,800+ specialized e-clinics
PayNearby’s Digital Naari Introduces Savings, Healthcare & Hygiene Solutions to Strengthen Women Entrepreneurs Across Bharat
40% women use AePS Face Authentication for Cash Withdrawals: PayNearby Women Financial Index 2025
PayNearby records 66% growth in Aadhaar Pay and 47% Surge in Money Transfers at Mahakumbh Mela 2025
UPI QR transactions rise by 33% at retail stores in Bharat: PayNearby report
PayNearby partners with Protean to make credit services more accessible and affordable for last-mile borrowers through ONDC Network
Female customers spend 66% more with women Business Correspondents at retail stores: PayNearby & Grameen Report
68% MSMEs witness growth in business post adoption of digital tech: Report
Jammu & Kashmir and North-Eastern States witness surge in AePS transactions: PayNearby Report
Local retailers in Telangana take lead in e-commerce, witness over 1100% growth in transactions: PayNearby Report
PayNearby partners with MyShubhLife to provide MSMEs with easy access to revolving credit
Over 63% of women in Bharat are seeking entrepreneurial avenues: PayNearby Women Financial Index
PayNearby launches Digital Naari platform to generate sustainable self-employment for women across Bharat
PayNearby, Star Health Join Forces to Provide Health Cover to Uninsured and Under-Served Across Bharat
UPI transactions witnesses 118% rise at retail stores in 2023: PayNearby Report
Meta-commerce platform PayNearby Mall witnesses less than 10% Return on delivery, one-third that of traditional online shopping
PayNearby and Grameen Foundation India Collaborate to upskill 150,000 Rural Business Correspondents and Generate Employment Opportunities for Women and Youth
Bharat spends an average of 15-20% of household income on medical expenses: PayNearby Study
Protean & PayNearby team up to democratize credit through ONDC; What could be India’s unique credit marketplace built on the ONDC Network
PayNearby focuses on championing health transformation across Bharat through the launch of its Health Correspondent Program
PayNearby launches PayNearby Radio on its app, aims to make it Bharat’s most preferred infotainment channel for merchants and small businesses
PayNearby launches ‘PayNearby Mall’ - a meta commerce platform for small businesses and consumers ahead of ONDC rollout
55% of MSMEs use mobile hotspots to connect to the internet for day-to-day business operations: PayNearby Study
YES Bank’s Saif Khan joins PayNearby as Chief Growth Officer
‘Indian Sign Language (ISL) is crucial’, says PayNearby’s World Hearing Day campaign
PayNearby partners with Rajeevika to onboard 10,000 Women Business Correspondents in Rajasthan
Building India’s 2.0: PayNearby
PayNearby Opens Over 1 Lakh Bank Accounts at Kirana Stores for Last Mile Customers and Small Business Owners
10,000+ women entrepreneurs have dispensed over ₹900 crores of financial services in the last financial year: PayNearby Study
UPI transactions witnesses 650% rise at semi-urban and rural stores: PayNearby
PayNearby issues over 1 lakh PAN cards from Kirana Stores in last 5 months
PayNearby celebrates Retailers’ Day with ‘Nayi Uunchai Ki Zidd’ campaign
PayNearby announces strategic leadership hiring to strengthen its DaaS network and drive growth
Axis Bank and PayNearby partner to launch Savings and Current Bank accounts for last mile SMEs and customers at a nearby store
PayNearby integrates government Super App, UMANG, to offer citizens assisted e-Gov services
PayNearby introduces Indradhanush, an elite club for retailers who are inspiring social change at the last mile
PayNearby introduces ‘zero investment plan’ for women entrepreneurs; commits to sustainable livelihood for families and onboard 10 lakh+ women entrepreneurs by FY23-24
This Independence Day, PayNearby launches ‘Pragati Mahotsav’ campaign to celebrate unsung retail heroes
Kirana stores in Assam offer banking services to 40,000 customers in flood-affected villages
PayNearby to start cross-border remittance services by Oct
Sachet subscription' for ₹10 per movie on OTT platforms through PayNearby DaaS network is not very far: PayNearby MD
Protean and PayNearby announce partnership to offer paperless PAN services
PayNearby extends digital payment and banking services to Indo-China and Indo-Pak borders
58% women prefer AePS to access their bank accounts in semi-urban and rural India: PayNearby
PayNearby is Great Place to Work-Certified™ in India
PayNearby strengthens its leadership team with the appointment of Vikas Jalan as Chief Financial Officer
PayNearby sets up one lakh MATMs across India; witnesses ₹ 500+ crores worth of cash withdrawal every month
PayNearby cash collection crosses ₹350 crores worth transactions in monthly GTV
PayNearby launches NeoDukaan; aims to modernize 100 MN retailers by 2025
PayNearby bags the ‘Dream Company to Work For’ award at the 19th Asian HR Leadership Awards 2021
Empowering MSMEs Towards Financial Wellbeing Through Technology
Empowering and upskilling MSMEs with financial literacy, PayNearby University aims to educate and handhold its retailers
PayNearby to onboard 10,000 Women Business Correspondents in Uttar Pradesh
This Fintech Startup Is Empowering Kirana Stores
PayNearby appoints Chief Technology Officer to accelerate technological innovation
PayNearby ties up with Centrum Microcredit to facilitate Unsecured Business Loans to Retailers
Cash in Circulation at a Decadal High, Digital Payments Soar too
Amidst pandemic, PayNearby distributed Rs. 54,000 Cr of assisted digital services in FY 20-21
PayNearby aims to handhold 10 crore citizens for Covid-19 vaccine registration from kirana stores
PayNearby + Zendesk: Building resilience by strengthening relationships
‘Women’s Digital Independence Index’ - AadhaarPay and Cash are the most preferred modes of payment for women customers
Abhaya Prasad Hota and Mohan Tanksale join PayNearby’s Board as Independent Directors
Eyeing against adversity
Rural consumption: How ‘sachetisation’ by fintechs can get financial services to bottom of rural stratum
Fintech startups universalising banking services among masses
Winning against adversity
Unlocking India’s digital potential through COVID-19 opportunity
RuPay partners with RBL Bank to launch ‘RuPay PoS’ in association with PayNearby
Bank Agents, Shops Preferred Cash Points for Rural India
PayNearby announces strategic leadership hiring to strengthen its omnichannel network and drive growth
PayNearby अपने तकनीकी प्लेटफ़ॉर्म का उपयोग करता है ताकि किराना स्टोर को एकीकृत वाणिज्य के बिंदुओं में बदल सकें
PayNearby: Taking commerce hyperlocal
PayNearby partners with TRRAIN & RAI to celebrate Retail Employees’ Day
Branchless Banking: The Emerging Holy Grail
PayNearby partners with NPCI to launch PayNearby Shopping Card powered by RuPay for retailers
Interview with Anand Kumar Bajaj, Founder, MD & CEO at PayNearby
Fintech companies eye Kirana stores; launch services to digitise the system
Alternate means of cash withdrawals find favour as people shun ATMs
Wary of infections, people shun ATMs
Reverse remittances show a rising trend
The Communicators’ Assembly Point – 2: Communications in start-ups
How PayNearby is empowering kirana stores to fight Covid-19
...but cash continues to be king
AePS surge shows cash is king again, for now
Lockdown leads to resurgence of cash as digital payments decline
Fintech boom falters as cash becomes king
Coronavirus: Rural India to face cash shortage amidst lockdown, says BCFI
Business correspondents ask banks to provide easy cash facility
Challenges over cash shortage, restricted movements for government's DBT agents
Making digital payments? Know if you should you sanitize credit card, debit card, smartphones
From homework in childhood to work from home in adulthood
Kirana stores turn lifeline during lockdown
ETBFSI Virtual Summit: Stability before scale is the mantra of India's FinTech firms
There is a need to multiply business correspondent network at least 2 times
Ours is the open-banking model of the times
More options of contactless payments needs to be offered
Digging the new oil well – ‘Data’
Digital Payments Account For 97% Of Daily Payment Volume, Says RBI
Selling Trust Through The Most Trusted: Now, Buy Insurance At Your Kirana Store
How PayNearby is offering financial solutions through neighbourhood stores
Budget 2020 brings cheers to fintech industry
PayNearby: Assisting Nation’s Cashless Economy
India’s Top 30 Fintech Influencers 2020
Clashing Dreams of MDR and Digital
Pre-Budget expectations | PayNearby
Retail giants make inroads in rural India with help of kiranas, mom and pop stores
Our retail partners are our front-line to impact India
Convenience through convergence will push India’s digital payment solutions industry
A Sensex-like index to measure how advanced India has become in digital payments
PayNearby augments hyperlocal retailers through digital and financial skills enablement
7 Skills that Retailers and Retail Employees need to be Proficient at to make them Relevant in the 21st Century
Should you be held responsible for preventing an e-wallet fraud?
55% of Bharat wants to save more to manage Covid-19 like situation: PayNearby study
PayNearby and SBM Bank India launch Nivesh, Goal Based Recurring Deposit Platform for the masses
PayNearby to democratise insurance, saving, lending and digital payments for the masses amid Covid-19
PayNearby announces partnership with Sub-K Impact Solutions; enables access to loan repayment options through its retail network
IndiaFirst Life Insurance partners with country’s largest POS certified agent network “InsureNearby” to disseminate Insurance Khata Plan to the masses
PayNearby launches JobsNearby to address the issue of migrants’ job losses
PayNearby partners with IndusInd Bank for contactless payment at 2 lakh+ Kirana stores and expands its hyperlocal direct to consumer business, BuyNearby amid Covid-19
PayNearby facilitates DBT worth Rs. 6000 crores during April - May Covid-19 lockdown
Offer India a robust infrastructure for accessing essential financial services amidst pandemic lockdown: BCFI #IndiaFightsCovid-19
To access DBT funds and refief cash people across the country can now withdraw cash from thousands of PayNearby retail outlets
Leo Burnett Orchard wins PayNearby
PayNearby partners with TRRAIN to commemorate ‘Retail Employees’ Day’
PayNearby wins ‘Best Fintech Innovation in Financial Inclusion’ Award
PayNearby and RASCI to upskill India’s large retail network
SBM Bank India & PayNearby sign up to offer ‘open banking’ to the masses
PayNearby awarded ‘DigiDhan Mission FinTech Award’ by MeitY
PayNearby launches Micro ATM at nearby retailer shops to address the issue of ATMs running dry
PayNearby and TRRAIN to digitally upskill 20 lakh retailers
Crosses Daily 1 Million Transactions
PayNearby: Giving Retailers A New Identity
PayNearby Crosses Daily 1 Million Transactions Mark

Our Partners

Download PayNearby now

Use PayNearby app & take charge of all your transactions to grow your business