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PayNearby ties up with Centrum Microcredit to facilitate Unsecured Business Loans to Retailers

PayNearby ties up with Centrum Microcredit to facilitate Unsecured Business Loans to Retailers
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Prashant thakkerAnand kumar bajajShop owners benefit programCentrum microcreditCentrum groupUnsecured business loansTime zoneCentrum microcredit limitedDigital pradhansPay nearbyExecutive directorஆனந்த் குமார் பஜாஜ்சிஇஎன்டிஆர்யுவ்எம் குழுபாதுகாப்பற்றது வணிக கடன்கள்நேரம் ஸோந்செலுத்த அருகிலுள்ள

Covid-19 brings about behavioural change in cash usage, say experts

Covid-19 brings about behavioural change in cash usage, say experts Top Searches Covid-19 brings about behavioural change in cash usage, say experts PTI / May 16, 2021, 16:15 IST FacebookTwitterLinkedinEMail People wait to withdraw cash from ATM NEW DELHI: The COVID-19 pandemic has brought about a behavioural change in usage of cash with people withdrawing larger amounts from ATMs but preferring to make digital modes to make payments, said experts. The ferocity of the second wave of the coronavirus pandemic has scared people, forcing them to withdraw larger amounts from the ATMs with a view to avoid frequent visits. The money thus withdrawn is mostly held for emergency use and often payments are being made through UPI and other digital modes.

Mandar agasheMadan sabnavisSanjeev kumarGaurav jalanAnand kumar bajajKhaitan co partner abhisheka rastogiImmediate payment serviceSarvatra technologiesPayment serviceKumar bajajPradhan mantri jan dhan yojanaAadhaar enabled payment systemSpice moneyBusiness newsCovid spending habitCovid digital payments

PayNearby Aadhaar ATMs Withdrawals Exceed Rs 40,000 Cr in FY 20-21

40,000 Cr in FY 20-21 By siliconindia | Tuesday, 11 May 2021, 09:06 Hrs India’s leading digital payments network, PayNearby announces that it has recorded Gross Transaction Value (GTV) worth 54,000 Crores in FY 20-21, with an exit month GTV 32 percent higher than the average monthly GTV booked in FY 19-20. However, the firm has produced ~ 290 Crores of revenue through its retail associates and about ~ 40 Crores of fee for its banking partners in the same financial year. Amid the pandemic, the generation of stable income opportunities for its partnering retail community ensured steady livelihood across lakhs of household across the country. However, FY 20-21 witnessed an irreparable loss both in lives and livelihoods among many, thus agent banking network played a crucial role in ensuring relief expenses reach the hands of the intended. Aadhaar ATM, which is the backbone for disbursing DBT to citizens, witnessed a huge surge acro

Anand kumar bajajGross transaction valueDigital pradhanஆனந்த் குமார் பஜாஜ்மொத்த பரிவர்த்தனை மதிப்பு

Women still prefer cash transactions followed by AadhaarPay: Survey

Image by Mabel Amber A majority of women still prefer doing cash transactions followed by AadhaarPay, according to a survey. The survey of more than 3,500 retail stores to understand the financial transaction behaviour of women revealed that more than 65 per cent of women still prefer dealing in cash followed by AadhaarPay, UPI QR codes and cards. While cash still remained the most preferred mode, Aadhaar Pay, UPI and Debit Cards also saw adoption among women consumers, with preferences ranging from 5-15 per cent among different age groups. Cash withdrawal, mobile recharges and bill payments were the top three services availed by women customers at retail touch points, the survey conducted by fintech services provider PayNearby said.

Anand kumar bajajAadhaar payDebit cardsஆனந்த் குமார் பஜாஜ்ஆதார் செலுத்தபற்று அட்டைகள்

Women s Day: Women still prefer cash transactions followed by Aadhaar Pay, says survey

Women s Day: Women still prefer cash transactions followed by Aadhaar Pay, says survey
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Anand kumar bajajAadhaar payஆனந்த் குமார் பஜாஜ்ஆதார் செலுத்த