PayPoint has been an integral part of India’s financial inclusion journey since 2008. More than 120 service providers reach out to their customers through PayPoint’s retail network of 64,000+ mom and pop stores. These stores function as a single digital window and provide a comprehensive service offering to customers for services like banking, payments, wallets, telecom, travel, assisted e-commerce, etc. Being the need of the hour, the company is currently focused on Financial Services. Over 3.2 Mn accounts have been opened and serviced exclusively by PayPoint, the company also manages over 28,000 micro ATMs besides operating their own RBI approved Pre-Paid Wallet under RBI’s Payment and Settlement Act.
The 2020 Coronavirus pandemic further boosted PayPoint’s reach to build deeper inroads for their financial services offering. The company hit the lockdown at flying speed by helping the Government to disburse the COVID subsidies. Having disbursed subsidies to over 12.7 mn beneficiaries within the first 100 days the company is proudly serving the country’s macro vision with micropayments.
The PayPoint platform empowers 50,000+ retailer entrepreneurs to earn a livelihood as they further 120+ services to the grassroots of India.
From convincing Loop Mobile, the first service provider, for collecting Bill Payments on their behalf, to having India’s major service providers across numerous verticals on the platform, the company has many stake-holders to thank. At the core, just one spirit motivates us, to make every service and convenience available to the Indian consumer, right until the last mile of the country.
90000000+ customers and counting is a testament to our commitment.
Leading Indian service providers reach out to their customers through PayPoints Platform.
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