Friday 23 October 2015

Cash to Digital Payment Network


For Cash to Digital Payment Network, one could use the facility of Pay1 that strives to come up with solutions to key problems with remote payment for cash users as well as digital merchants. In the last four years, it has processed more than 917 Cr. payments via small retail, modern retail chains transforming the payment services for the unbanked individuals. Annually it processes 336 Cr. transactions and has established a healthy network nationally in offering comprehensible service to its consumers.

This has been possible due to its amazing transaction platform which is developed and handled internally by their team of skilled enthusiastic. They have brought about an immense change on this platform with their presence providing an improvement in recharge experience. Some of the benefits offered comprise of Mobile top-up, data recharge, DTH recharge, bill payment utilities, post-paid mobiles, bank to wallet, merchant to wallet and online merchant payment.

Established in 2010, this retail network is constantly on the move towards financial upliftment of the people in India supporting the lower class and the unbanked section of individuals. They have made it possible to access a technology which tends to deliver payments and transfer in real time.

Control Business in the Palm of Your Hand 

Moreover it also has Pan India presence covering more than 50 plus cities including tier 2 & 3 cities with network of 50,000 retail stores by making their services available through their channel partners. Partner with Pay1 and join them with the fastest growing recharge channel and multiple your income sources from a single business. Besides this one could also control the business from the palm of your hand with this mobile app.

With their excellent retail base, Pay1 tends to support entrepreneurs together with small business owners to become Channel partners or distributors. For retailers, it is a user friendly application with the provision of various language options, with app and web based recharge, immediate redressal of issues through app and updates via notification or SMS.

The option of digital payment mode for the different brand partners, online limit is made available through net banking, instant limit offered within 20 minutes with immediate transaction report and much more. The entire process of recharge takes place within 10 to 60 seconds.

Future Vision of Creating Deep Impression – Mobile World – POS/ATM

Users could locate a store in their area through the app. With the Pay1 wallet, members too can avail the opportunity of a recharge with a missed call and the need of utilising a debit or a credit card for the purpose of recharge could also be utilised by the user. This Online Recharge app supports all the Indian telecom operators such as Aircel, Airtel, Loop Mobile, MTS, Idea, BSNL, Reliance, Tata Docomo, Uninor, Vodafone and Videocon.

DTH operators namely Tata Sky, Dish TV, Videocon D2H, Aircel, Reliance Big TV and others, could also recharge with this possibility. Pay1 has a future vision in creating deep impression in the mobile world of POS or ATM areas which could alter their stores into mini ATMs, digitizing cash with the provision of access to banking and financial services to unbanked sectors in India.

They intend filling up the space of online payment via cash payment network for the non-digital fragment. They are keen in creating a huge rural network which would permit a powerful rural ecosystem for cash to digital payment and is the fastest and most secure recharge app available.

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