RapiPay making fintech retailers ‘Atmanirbhar’, expanding reach of banking services to all

New Delhi: Fintech retailers are becoming self-sufficient through RapiPay as the banking services are reaching crores of customers through means like AePS and Micro ATMs.

India, a country with a population of 140 crores, is on the path of progress at the present time and the digital and financial sectors are witnessing a lot of growth. In the sector of digital payment, India has achieved many milestones. Leaving many big countries behind, India’s digital payment transaction in December 2022 was $ 1.5 trillion.

Financial inclusion in the country is touching a new dimension. All financial services like cash withdrawal, depositing money, paying bills, cash collection, EMI collection, and insurance payment are getting easier and people are also becoming self-sufficient. Digital services are increasing their income along with providing financial services. In this era, RapiPay Fintech is emerging rapidly and people are getting empowered by its services.

RapiPay is playing an important role in the financial inclusion of the country through its retail network, which it calls Direct Business Outlets ie DBOs. Among Fintech companies, Rapipay is one of the leading companies in the country and the company’s share in this sector is continuously increasing.

The company’s daily transaction capacity continues to grow by over one million transactions per day. RappiPay has served over 150 million customers with cash withdrawals & deposits, AePS, Micro ATMs, POS, Utility Payments, Loan, and Insurance without any hindrance.

For the reality of the facilities of RapiPay, the reality of the company should be known by checking the reality from different retailers in the country.

The DBOs are of the view that the services help them and the customers as the transactions are smooth while in some other firms, the balance is deducted from the user’s account but they do not receive the money. The micro ATM service saves time and RapiPay makes money transfers easy across India.

RapiPay is in every nook and corner of the country and it covers 17500 pin codes out of 19000 pin codes across the country.

The government of India is promoting self-reliance along with Digital India and RapiPay is giving ample opportunity to the retailer to become self-reliant through Fintech financial services. The financial needs of the people are met with the facility of micro ATMs. RappiPay Fintech Pvt Ltd is contributing to financial inclusion today through a country-wide network of over 6 lakh retailers currently, providing secure banking and financial services to over 3 crore consumers every month.