Founded in 2006, Payworld is a fintech company promoting financial inclusion by providing last mile connectivity to even the country’s remotest parts. We have over 700,000 retailers spread across the length and breadth of India. We empower these retailers, mostly the ‘Kirana Stores’ to extend digital services to the semi-urban and rural population, thereby helping to bridge the gap between various government schemes and their actual implementation.
The services offered include Banking Services like Aadhaar Enabled Payment Services (AEPS), Money Transfer, Bill Payments, Insurance, Mobile and DTH recharges, Rail, Air and Bus reservation, Digital Wallets, Cash withdrawal points and Assisted e-commerce. Over 100 million transactions are completed using our platform every year through our active retail touch points spread across India.
Payworld is an initiative of the USD 2 Billion, Sugal & Damani group of companies. Over the years, we have built a formidable presence in India with active retail touch-points across 28 states and 700 districts. Our core strengths are our operational expertise, robust in-house developed cutting-edge technology and its implementation; and timely introduction of new services, making us the leader in the fintech space.