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All About PayNearby: Aadhaar Pay & Other Financial Services

PayNearBy Technology Pvt. Ltd. is a DIPP certified Fintech Company registered under the startup India program of Government of India, set up in April 2016 by the team of professionals with the experience of Digital Banking and Payment Industry. The team works on deep insights and understanding of payment and transaction technology space. 

They operate on the B2B2C model, where they partner with the neighborhood retail stores that can offer assisted digital financial services like Aadhar, ATM, SMS, Khata services, Utility Payment, Prepaid Cards, Mutual Funds, and Insurance. The moto of the app is to make your transactions quick, easy and helps in empowering the retailers. 

Tier 1,2 and rural towns in India are acquired with the 20,00,000 stores. Using the power of Aadhar and Mobility we are motivated to transform the Nearby retail stores into Fintech Marts. It helps in digitizing the cash for the mass market customer. 

Some features of the app are:

  1. Aadhar Banking: You can withdraw cash and transfer money at the nearby retail stores with just the fingerprint and Aadhar number.
  2. Bill Payment: You can pay your bills with the app at an ease with the full security. Water, electricity, DTH bills, any bill and you can pay it with just one click.
  3. SMS Payment: Pay online payment simply and securely to any retail store with a smartphone.
  4. Khata Management: Retailers can save and maintain their log and books to save the entries, which also helps in boosting up the business further without any problem.  

Read More: How To Update Aadhar Card : Correction in Name, Address, Number, UIDAI