Sun Pharma’s Sudhir Valia will invest in Pay Point for Payment Bank

Similar News: Business Standard, Business Line   Sudhir Valia, executive director of Sun Pharmaceutical Industries and promoter of Fortune Financial Services, is acquiring a 51% stake in one of the applicants for a payments bank, Pay Point India Network, joining other high-profile aspirants such as Future Group’s Kishore Biyani, Muthoot promoter MG George Muthoot and Sun […]

SBI Kiosk Banking – A Govt. push under Financial Inclusion

On this Independence Day from Red Fort PM Modi has announced “Pradhanmantri Jan Dhan Yojana”  to open banking account for every citizen under “Financial Inclusion” program. (Aug15, 2014 – Economic Times ) SBI  launched first of its kind facility in India which enable poor workers and small businessmen slogging in urban areas to open a bank […]

How to become an IRCTC agent?

Indian Railway Catering & Tourism Corporation (IRCTC) Rail E-Ticketing service enables a retailer to do online reservation of railway berths  and generate tickets for passengers. Pay Point India is authorized by IRCTC as a ‘Principle agent’ to appoint IRCTC agents across India.   IRCTC does not provide agent license to an individual directly but it […]

Use M-POS to sell Recharges!

Do you have DTH connection/Prepaid Mobile at home? Are you recharging them every month? Obvious answer will be ‘Yes’ then Let’s join together!!! With the increasing usage of mobile communication in fast growing country like India, recharges for pre paid connection gaining edge over other services. After the Government imposition to remove cable TV network […]

What is IMPS Money Transfer?

“Immediate Payment Service” is an instant inter bank electronic fund transfer service through mobile phones. It is also being extended through other channels such as ATM, Internet Banking, etc. IMPS is offered by most of the pvt. and govt. banks with safe and secure transaction system. Pay Point India enables the customers to do IMPS […]