News

PayNearby and Grameen Foundation India Collaborate to upskill 150,000 Rural Business Correspondents and Generate Employment Opportunities for Women and Youth India’s leading branchless banking and digital network, PayNearby, today announced that it has collaborated with Grameen Foundation for Social Impact (GFSI), a leading non-profit organisation dedicated to uplifting underserved communities, to upskill 150,000 business correspondents (BCs) across Indian hinterland and upgrade them to provide digital and financial services beyond cash-in/cash-out to the underserved and tech-shy last mile population. This will strengthen rural BC counters w...
PayNearby and Grameen Foundation India Collaborate to upskill 150,000 Rural Business Correspondents and Generate Employment Opportunities for Women and Youth
PayNearby and Grameen Foundation India Collaborate to upskill 150,000 Rural Business Correspondents and Generate Employment Opportunities for Women and Youth
Source: PR Agency
4/09/2023 2:09:13 PM
PayNearby focuses on championing health transformation across Bharat through the launch of its Health Correspondent Program PayNearby, India's leading branchless banking and digital network, has launched the Health Correspondents* Program with an aim to make quality healthcare affordable and accessible to the country’s most vulnerable and last-mile population. This is in line with the company’s nation building pledge to make all essential services available for the country’s underserved population and ensure overall transformation of Bharat through a mass transformation approach. Th...
PayNearby focuses on championing health transformation across Bharat through the launch of its Health Correspondent Program
PayNearby focuses on championing health transformation across Bharat through the launch of its Health Correspondent Program
Source: PR Agency
24/07/2023 2:13:11 PM
PayNearby Launches its Infotainment Radio Platform for Small Retailers Offering Valuable Life-Skill Content PayNearby, India’s largest branchless banking and digital network, has launched PayNearby Radio, a platform curated exclusively for its million+ active retailers in Bharat, to provide them with snackable content that helps them grow unabated in life. It is aligned with the company’s vision to mass-modernize the retail sector across the country and create a thriving ecosystem for its retail partners, bringing them at par with the current times. (Launch video: https:/...
PayNearby Launches its Infotainment Radio Platform for Small Retailers Offering Valuable Life-Skill Content
PayNearby Launches its Infotainment Radio Platform for Small Retailers Offering Valuable Life-Skill Content
Source: PR Agency
19/07/2023 3:20:33 PM
PayNearby partners with Rajeevika to onboard 10,000 Women Business Correspondents in Rajasthan Mumbai: India’s largest branchless banking and digital network, PayNearby, announced that it will onboard women Business Correspondents (BC-Sakhis) from Self Help Groups (SHG) in 8 districts to offer banking services to various Gram Panchayats in Rajasthan. PayNearby, a corporate BC of YES Bank, will partner with Rajasthan Grameen Aajeevika Vikas Parishad (RAJEEVIKA) to empower SHG members and onboard them to function as Business Correspondents (BCs) and Customer Service ...
PayNearby partners with Rajeevika to onboard 10,000 Women Business Correspondents in Rajasthan
PayNearby partners with Rajeevika to onboard 10,000 Women Business Correspondents in Rajasthan
Source: PR Agency
18/04/2023 3:54:42 PM
PayNearby Opens Over 1 Lakh Bank Accounts at Kirana Stores for Last Mile Customers and Small Business Owners Mumbai: In its bid to offer seamless access to active bank accounts and bring all at the last mile into the formal financial fold, PayNearby, India’s largest branchless banking and digital network, has successfully opened 100,000+ Current and Savings Accounts from semi-urban and rural retail counters in the country, within the last six months. Launched in association with India’s leading private bank, customers can visit their nearby stores and get their accounts easily opene...
PayNearby Opens Over 1 Lakh Bank Accounts at Kirana Stores for Last Mile Customers and Small Business Owners
PayNearby Opens Over 1 Lakh Bank Accounts at Kirana Stores for Last Mile Customers and Small Business Owners
Source: PR Agency
10/04/2023 7:45:14 PM
UPI transactions see 650% rise at semi-urban, rural stores: Report The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday. There was a growth of 25 per cent and 14 per cent in value and volume, respectively, in assisted financial transactions across semi-urban and rural retail counters in the country in 2022, according to the report by branchless banking and digital network PayNearby. While there was a 25 per cent increase in the demand f...
UPI transactions see 650% rise at semi-urban, rural stores: Report
UPI transactions see 650% rise at semi-urban, rural stores: Report
Source: IANS
6/12/2022 12:59:47 PM
Axis Bank moves up on entering into partnership with Paynearby Axis Bank is currently trading at Rs. 763.20, up by 7.70 points or 1.02% from its previous closing of Rs. 755.50 on the BSE. The scrip opened at Rs. 757.00 and has touched a high and low of Rs. 764.25 and Rs. 757.00 respectively. So far 65033 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 866.60 on 25-Oct-2021 and a 52 week low of Rs. 618.10 on 23-Jun-2022. Last one week high and low of the scrip stood at Rs. 7...
Axis Bank moves up on entering into partnership with Paynearby
Axis Bank moves up on entering into partnership with Paynearby
Source: Accord Fintech
8/09/2022 10:33:38 AM
Protean and PayNearby announce partnership to offer paperless PAN services Customers to have quick and easy access to online PAN services at neighbourhood stores Protean eGov Technologies Limited (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen centric and population scale e-governance solutions and PayNearby, India’s leading digital payments and largest branchless banking network today announced a strategic partnership to offer PAN-related services for PayNearby’s retail partners through Aadhaar and biometric...
Protean and PayNearby announce partnership to offer paperless PAN services
Protean and PayNearby announce partnership to offer paperless PAN services
Source: PR Agency
21/06/2022 11:49:57 AM
Reaction on RBI Annual Report By Anand Kumar Bajaj, PayNearby Below is Reaction on RBI Annual Report By Anand Kumar Bajaj, Founder, MD & CEO, PayNearby "While the pandemic and increasing internet penetration across India accelerated the demand for digital banking, the need for breaking through untapped markets has compelled traditional banks to go branchless too. This is reflective of the exponential growth that BCs (Business Correspondents) have witnessed, especially in the last two years. While the growth has been marginal throug...
Reaction on RBI Annual Report By Anand Kumar Bajaj, PayNearby
Reaction on RBI Annual Report By Anand Kumar Bajaj, PayNearby
Source: PR Agency
30/05/2022 4:55:29 PM
PayNearby extends digital payment and banking services to Indo-China and Indo-Pak borders Mumbai : In continuation with its commitment to financially and digitally empower the last mile across the length and breadth of the country, PayNearby, India’s leading digital payments company and largest branchless banking network, today announced that it is now available in Jammu & Kashmir along with Sela Pass in Arunachal Pradesh on the Indo-China border and Lakhpat Gujarat on the Indo-Pakistan border. PayNearby has enabled QR codes and Micro ATMs at local shops to upgrade ...
PayNearby extends digital payment and banking services to Indo-China and Indo-Pak borders
PayNearby extends digital payment and banking services to Indo-China and Indo-Pak borders
Source: PR Agency
26/05/2022 3:51:37 PM
58% women prefer AePS to access their bank accounts in semi-urban and rural India: PayNearby Study PayNearby releases its annual ‘PayNearby Women Financial Index (PWFI)’ - a detailed analysis on ‘financial consumption by women at retail outlets’ in 2021-22 * Over 58% of women who avail basic banking services at retail stores prefer AePS to access their accounts * Cash continues to be the king, with more than 60% women preferring to deal in cash, followed by UPI QR and cards in that order * Most digitally adept women customers engaged in financial transactio...
58% women prefer AePS to access their bank accounts in semi-urban and rural India: PayNearby Study
58% women prefer AePS to access their bank accounts in semi-urban and rural India: PayNearby Study
Source: PR Agency
8/03/2022 3:19:55 PM
PayNearby is Great Place to Work-Certified in India PayNearby, India’s leading digital payments company and largest branchless banking network, announced today that it has been Great Place to Work-Certified™. Great Place to Work®is globally known for its rigorous and objective methodology for identifying and defining great workplaces across business and government organizations. This certification is an acknowledgement of PayNearby’s people practices and a recognition of its focus on building a great workplace culture. ...
PayNearby is Great Place to Work-Certified in India
PayNearby is Great Place to Work-Certified in India
Source: PR Agency
28/02/2022 4:15:38 PM
Union Budget 2022 to propel the digital economy and boost the MSME sector - Anand Kumar Bajaj, PayNearby By Anand Kumar Bajaj, Founder, MD & CEO, PayNearby “The Ministry of Finance has presented a well-rounded, futuristic and optimistic Union Budget 2022 to propel the digital economy and boost the MSME sector. Given that ‘inclusive development' and ‘financing of investments’ were two of the seven pillars of the Budget, it laid thefoundation for faster financial inclusion and expansion of the credit ecosystem. In a bid to make MSMEs more resilient and compe...
Union Budget 2022 to propel the digital economy and boost the MSME sector - Anand Kumar Bajaj, PayNearby
Union Budget 2022 to propel the digital economy and boost the MSME sector - Anand Kumar Bajaj, PayNearby
Source: PR Agency
1/02/2022 4:38:31 PM
Quote on Digital Payment Index  2022 By Anand Kumar Bajaj , PayNearby Below is quote on Digital Payment Index  2022 By Anand Kumar Bajaj, Founder, MD & CEO, PayNearby “Today, digital payments market is significantly robust. The effect has been seen throughout the pandemic. While the lockdown restrictions during the first wave initiated the masses to transact via digital platforms, the second wave demonstrated the impact of behavioural shift among those who embraced contactless payments such as Tap-n-Pay, UPI/QR, Cards etc. With the b...
Quote on Digital Payment Index  2022 By Anand Kumar Bajaj , PayNearby
Quote on Digital Payment Index  2022 By Anand Kumar Bajaj , PayNearby
Source: PR Agency
21/01/2022 11:40:53 AM
View on RBI creates new Fintech department By Anand Kumar Bajaj, PayNearby Below are Views on RBI creates new Fintech department By Anand Kumar Bajaj, Founder, MD & CEO, PayNearby The Reserve Bank of India (RBI) has always nurtured innovation and created frameworks to support technological adoption in the financial community. After the Committee on Deepening of Digital Payments (CDDP), Reserve Bank Innovation Hub (RBIH), and Regulatory Sandbox (RS), the setting up of a ‘fintech department’ is yet another encouraging step in this dir...
View on RBI creates new Fintech department By Anand Kumar Bajaj, PayNearby
View on RBI creates new Fintech department By Anand Kumar Bajaj, PayNearby
Source: PR Agency
11/01/2022 8:57:26 AM
Year end quote and Outlook on 2022 By Anand Kumar Bajaj, PayNearby Below is quote on Year end and Outlook 2022 By Anand Kumar Bajaj, Founder, MD & CEO, PayNearby Reflecting closely over the last couple of years with a "glass half full" mindset, I feel the best thing to come out of the COVID-19 pandemic was its emphasis on the need for symbiotic connections between fintech and banking. The pandemic has only reinforced the necessity and penetration of digital services across industries. It has turned out to be a silver lining fo...
Year end quote and Outlook on 2022 By Anand Kumar Bajaj, PayNearby
Year end quote and Outlook on 2022 By Anand Kumar Bajaj, PayNearby
Source: PR Agency
28/12/2021 4:27:49 PM