The digital payment industry of India has evolved a lot and introduced numbers of concepts to boost cashless transactions. But, very few actions have been taken for the merchants and retailers. So, recently an Indian fintech startup called PayNearby has added Bharat QR as a payment method for consumers to their mobile app for retailers which can be used to provide a verity of financial and non-financial services at their shops using various digital payment methods.
PayNearby Bharat QR Code for Merchant
The PayNearby app has added Bharat QR as a payments transfer mechanism so that merchant can accept cardless transactions from their customers through the QR Code based payment method. With this payment option, shoppers can easily scan the Bharat QR code generated by the merchant through the PayNearby app and pay the money digitally using any banking or financial app which supports Bharat QR code scanning.
User Base of PayNearby
The app has received more than 500,000+ installs already, and a huge percentage of it is active users. Currently, it ables merchants and retailers to provide services such as Aadhaar ATM, Mobile and DTH recharge, bill payments, domestic money transfer and lots of other financial services as well. From now, Bharat QR will be an added payment method by which, making a transaction takes only a few seconds, and it’s completely secure for both parties and does not reveal the card information or any other details while making the transaction to the merchant.
Available Financial Services
The PayNearby app even facilitates retailers to provide customers cash withdrawal (Aadhaar ATM) from their bank accounts using Aadhaar number and fingerprint with the help of AEPS (Aadhaar Enabled Payment Service).
Contribution To Digital India Initiative
PayNearby has given the opportunity to 20,00,000+ Indian small retailers and merchants to become a part of the Digital India initiative through their mobile app. With the integration of Bharat QR Payment Method, PayNearby will be able to accelerate the growth of digital payments adoption across the country in the smoothest manner. Consumers, who will go to those retailers to avail different services will be able to pay through Bharat QR with their bank’s app or other major digital payment apps by just scanning the QR code provided by the retailer.
How To Register On PayNearby Retailer App?
- You need first to install Retailer App from playstore
- Open the app and enter your phone number>> Click on Register
- Fillup retailer registration page & submit
- Now you will receive login ID and password through SMS
- Log in your account and then change Password
- To use financial service, you will have to get the eKYC done
- Once your eKYC process is completed, add bank details.
- That’s it; you have successfully registered!
You can contact customer support for any or all of your inquiries and assistance requests.
- Toll-Free Number: 044 380 380 38
- Email ID: email@example.com
- Official Website: www.paynearby.in