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About the Business

About Us:

Introducing PayGyft, a cutting-edge and homegrown mobile application that’s set to redefine the shopping experience. In a landscape where numerous payment solutions promise cashback, PayGyft stands out by offering cashback on every single transaction, setting it apart from the competition.

What’s more, we’ve raised the bar even higher – you can earn cashback even when you pay with physical cash. At PayGyft, we’re not just a payment solution; we’re a digital payment and customer loyalty enhancement program, designed to address the evolving need for customer retention through digitization.

Based in the thriving tech hub of Bangalore, PayGyft is a rapidly growing FinTech company that’s dedicated to providing innovative solutions to its customers. As a trusted partner, we develop digital payment products that address our clients’ business challenges, drawing on our extensive experience in technology and FINTECH domains.

Our team at PayGyft is comprised of seasoned professionals with over two decades of experience in leading global IT and payment companies. Our customer base spans various domains and industries, and our strength lies in our highly motivated and skilled workforce, committed to offering round-the-clock services to our customers.

Our Platforms:

1. Retail Platform: Empowering local Customer Service Points (CSP) to provide a wide range of services in their communities, including AEPS, Domestic Money Transfer, Utility Bill Payments, Mobile & DTH Recharges, PAN Card applications, Insurance, and even bank account opening, among other services.

2. UPI Platform: Enabling merchants to accept digital payments effortlessly. With the growing footprint of digital payments, there is an increasing demand for UPI payments. Our Android App allows merchants to accept payments by simply requesting their customers to scan a QR code using popular apps like PayTM, GooglePay, Truecaller, PhonePe, and various banking apps that accept QR Code payments.

3. Lending Platform: Empowering NBFCs and MFIs to expand their reach. Our Retail Touch Points or CSPs offer lending services in their localities, making loans easily accessible with quick turnaround times. Simultaneously, it boosts the revenue for NBFCs and MFIs while keeping costs and risks at a minimum.

4. POS Platform: Offering a robust POS credit and debit card payment processing platform for merchants to accept card payments securely. Our NFC-enabled POS devices ensure that payments are processed with the highest level of security. Our product is certified by Master/Visa/Rupay, guaranteeing reliability.

5. PayGyft Prepaid Card: A versatile card that can be used for a variety of purposes, including shopping, utility bill payments, e-commerce transactions, booking movie tickets, DTH recharges, and more.

At PayGyft, we’re not just a solution; we’re your partner in seamless and rewarding digital payments. Join us in reimagining the way you shop and transact.

Additional Details

  • Investment RequiredINR 2 Lac - 10 Lac
  • Started Year2018
  • Area Required (sq.ft)N/A
  • Franchise Count20 - 50
  • Tax System InclusionYes
  • Comprehensive Franchise ManualsDetailed franchise manuals are available
  • Strategic Head Office SupportYes, offers head office guidance
  • Business training locationCompany Office
  • Field Assistance OptionsField assistance is available
  • Agreement TemplateStandard business agreement is available
  • Business Term Duration5 Years
  • Franchise Renewal AvailabilityTerm is renewable
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