Payworld is an initiative from Sugal & Damani group of companies. It started its operations in the year 2006 and has made its presence known in India with over 400,000+ active retail touch-points across 700+ districts and 28 states. Payworld was started with the idea of bridging the gap between the untouched market segments and the service providers. Using Payworld’s intelligent electronic transaction processing platform, the consumer can do transactions by visiting retail touchpoints and can pay digitally as well as through cash.
Under this platform, Payworld offers a plethora of utility services to its consumers in terms of AEPS, Domestic Money Remittance, Mobile and DTH recharges, Rail, Air and Bus reservation and Utility Bill collections, Digital Wallets, CMS (Cash Management Service) collection, Cash withdrawal points and Assisted e-commerce. Payworld also facilitate SME’s loans. Approx. over 100 million transactions are done using this platform every year through our 400,000+ active retail touch points spread across India. Payworld also acts as a Composite Corporate Agent to provide insurance solutions in India.