The financial world is growing day by day, thanks to advanced technology. India being a significant financial country, is adopting various advanced methods. In that case, cashless payment is the best one so far.
Well, there are so many portals that provide cashless payment. If you are aware of it, you must have heard about PayNearby. The key motive of this website is to provide easy financial services to everyone.
If you want to use this platform, you need the right information. We have collected some crucial information after doing some research. Keep reading this article to learn more about PayNearby. Let’s get started.
As we noted above, PayNearby is a fintech company that is registered under The Startup India program of Government of India. A team of banking and financial professionals came together to launch PayNearby to improve the cashless payment service.
PayNearby has a B2B2C model as the team started partnering with various retail stores. These people started having a great experience with easy and seamless transactions. According to the official website, the company is associated with over 50,00,000 retail stores across India.
The company is working on 20,000+ pin codes right now. And the services are available in all 28 states and 8 union territories. As per reports, the amount of daily transactions is 20 lakhs at this moment.
Services Provided by PayNearby
Most people prefer PayNearby because of some amazing features. If you want to create an account, you need to know about the services provided by PayNearby. In the following section, we will share the best services of PayNearby. Let’s find out:
- Balance inquiry
- Bill payment
- Money transfer
- Payment collection
- Aadhar cash withdrawal
- Mini statement
- ATM service
- Credit card bills
- DTH recharge
- Mobile recharge
- Air ticket booking
- Bus booking
Advantages of Using PayNearby
It’s not unknown that PayNearby is a top-rated fintech company. However, some beginners have doubts about this platform. That’s why we will discover the top advantages of using PayNearby in the following list:
- Using PayNearby is quite easier compared to other payment platforms.
- The team of PayNearby uses advanced technology to ensure a secure transaction. So, you don’t have to think about security while doing payments.
- Besides money transactions, you can pay bills such as DTH recharge or credit card bills by using PayNearby.
- PayNearby is available in the app format as well. You can use the mobile app anytime.
- If you want to use this app for business, you can have a great experience.
PayNearby Login Guide
Now, you know the basics of PayNearby. If you have created an account, you have to log in to the platform to access everything. Well, you need to follow some easy steps to log in to PayNearby. Keep following these steps to start the process:
Step 1: First, open your web browser and search for the official website. Click on the first result to open the homepage.
Step 2: After opening the homepage, go to the right top corner of the screen and click on the ‘Login’ button.
Step 3: Next, click on the ‘Retailer’ option and it will open the login page. Input your mobile number and password there.
Step 4: After double-checking the required details, click on the ‘Login’ option to start the process. You can access your account now.
If you forget the password, click on the ‘I Forgot My Password’ option. Input all required details and the system will send an email or text message to start the process. Follow those steps to reset your password.
PayNearby Distributor Login Guide
If you are a PayNearby distributor, you have to follow another login guide to access all services. In the following section, we will share some simple steps. Let’s find out:
Step 1: One the official PayNearby website by clicking on the first search result.
Step 2: On the top right corner of the homepage, you can see the ‘Login’ button. Click on it to start the process.
Step 3: You will find two options there. Click on the ‘Distributor’ one.
Step 4: It will open the login page. Now, you have to input your ID and password.
Step 5: Next, click on the ‘Sign In’ option and the system will send OTP to your phone number.
Step 6: When you get the OTP, enter it to open your account.
How to Earn Money From PayNearby
The best part about PayNearby is you can earn money by using this platform. Yes, it’s possible to generate a good amount on a monthly basis. Well, the earning depends on your transaction activities. In this case, you have to register as a PayNearby distributor.
When you join the Distributors Program, you can work with your neighboring retailers. With every transaction and bill payment, you can earn a commission. For example, if you have 10 retailers in your network, you can earn around 50,000 with 1 transaction or bill payment per month. To check more details and calculate your earning, visit the official website.
As the digital world is expanding day by day, we can witness more advanced technologies in the next few years. In this case, PayNearby has a bright future in India. They are already working with various stores across the country. If you need more information related to this fintech platform, you can do some research. Plus, you can also watch some tutorial videos online.
Q: Is PayNearby safe?
PayNearby is a Government certified fintech company. So, it’s completely secure to make payment. In fact, the mobile app is also secure.
Q: What does PayNearby offer to retailers?
PayNearby provides an advanced payment platform for retailers. Eventually, it will increase the customer-seller relationship. Plus, there are some other features such as bill payment and ticket booking.
Q: Is PayNearby a product based company?
No, PayNearby isn’t a product based company. It’s a fintech company that provides digital payment services to retailers and distributors across the country.