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Pay1

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Agent-based payments platform enhancing financial access for retailers.

Overview

Pay1 operates in the fintech sector by offering an agent-based payments platform that facilitates various financial transactions for consumers through authorized agents. This model aims to improve accessibility to payment services, particularly for individuals in remote or underserved areas who prefer in-person interactions. Pay1's services include retailer and distributor functions, utility bill payments, cash withdrawal services, and support for multiple payment methods such as QR codes, UPI, and credit/debit cards. The company targets local shopkeepers, providing them with technology solutions and loan facilities, which may contribute to financial inclusion and address the digital divide in India's unorganized retail sector. Additionally, the platform's API allows developers to access a wide merchant and customer network for innovation.

Key facts

Founded
2011
Headquarters
Mumbai, India
Sector
Payments

Business model

Contact

Open roles

3 roles
  • Sales Associate

    Greater Patna Area · On-site · Volunteer

  • Junior Relationship Manager

    Rajauri, Jammu & Kashmir, India · On-site · Contract

  • Junior Relationship Manager

    Assam, India · On-site · Temporary

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Competitors & similar companies

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About Pay1

What does Pay1 do?

Pay1 operates in the fintech sector by offering an agent-based payments platform that facilitates various financial transactions for consumers through authorized agents.

Where is Pay1 headquartered?

Pay1 is headquartered in Mumbai, India.

When was Pay1 founded?

Pay1 was founded in 2011.

Which sector is Pay1 in?

Pay1 operates in Payments, part of Financial Technology.

Who are Pay1's competitors?

Companies similar to Pay1 include Easy Pay, Payzigo, and MasterPay.

Is Pay1 hiring?

Yes. Pay1 has 3 open roles listed on Vanberra Signal.