Divya Shinde

PayPoint India

Operating since 2008, PayPoint delivers financial and payment services to the UnderServed Indian consumer through its retail franchise network. A network of mom and pop stores spread across the urban and rural zones of all the 28 states and 8 union territories in India. Depending on their infrastructure, agents are equipped with multiple modes like a web login, mobile app, POS terminals, Bio-metric readers, mobile ATMs, pre-paid cards, etc to further PayPoint's services. Millions of customers access services like Banking, Insurance, Loans, Investments, Utility Payments, Recharges, Local Taxes, Travel bookings, etc through PayPoint's agent network every month. More than 150 leading Indian service providers like SBI, ICICI, HDFC, State electricity boards, telecoms, and IRCTC acquire new customers and service their existing customer base through PayPoints platform. The company is also integrated with Rupay, NPCI, UIDAI and other state run organizations for initiatives that accelerate financial inclusion in India. A RBI authorized (PSSA), Payment and Settlements Systems Act license holder and operator, PayPoint issues pre-paid wallets and Rupay cards to customers under its own brand names, PayPointz & DigiKhata. Along with the consumer offering, the company also furthers the PSSA offering to Fintechs who want to launch their own open-loop Rupay card along with other customized payment solutions.