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PayNearby processes over 10 Lakh PAN cards through rural and semi-urban kirana and other retail stores 1m5x5y

Mumbai, 14 May 2024: PayNearby, India’s leading branchless banking and digital network, achieves a significant milestone by processing over 10 lakh PAN card applications through rural and semi-urban retail counters including Kirana stores, mobile recharge […]

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UPI transactions witnesses 118% rise at retail stores in 2023: PayNearby Report 4i5w47

Assisted e-commerce (meta commerce) grows by 91% in semi urban and rural retail counters  PayNearby releases detailed analysis on ‘assisted digital transactions’ FY23, in its third Pan-India report titled  Retail-O-Nomics  Insurance policy purchase and insurance […]

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The newly constituted RBI’s digital payment index (RBI-DPI) reported a 40% year on year jump as of September 2021, as per the RBI’s latest data of digital payments.  Sarvatra Technologies ltd., India’s leading technology enabler […]

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Mr. Anand Kumar Bajaj, Founder, MD & CEO, PayNearby The digital payments space has proved its mettle as a stable growth avenue during the pandemic. A positive impact was seen on digital payments due to […]

Business

PayNearby strengthens its leadership team with the appointment of Vikas Jalan as Chief Financial Officer 325p27

Mumbai: PayNearby, India’s leading branchless banking and digital payments network, announced that Vikas Jalan has ed its leadership team as the Chief Financial Officer. Vikas brings to the team demonstrated excellence in formulating and implementing […]

Business

PayNearby’s view on RBI raising transaction limit to Rs. 5 lakh 4y25w

“IMPS started with Rs 5 lakh limit but the limit was reduced to Rs 2 lakh because of delayed settlement on next day as the beneficiary bank would suffer float loss. Now that there are […]