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Payworld

Indian fintech company From Wikipedia, the free encyclopedia

Payworld

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Payworld is an Indian fintech company headquartered in Gurgaon, Haryana.^[1]^[2] The company was founded in 2006 by the Sugal & Damani group.^[3]^[4]^[5]

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A major contributor to this article appears to have a close connection with its subject. (November 2019)

This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (November 2019)

Quick facts Type of business, Founded ...

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History

In 2006, Payworld started with electronic pre-paid voucher distribution for mobile phones in Madhya Pradesh, Uttar Pradesh and Gujarat. It is present in 23 states and 630 districts and 80000 villages across India.^[6]

Payworld started its business with telecom partnerships; it now has more than 100 partnerships across various sectors. The company's total transaction value in 2016-2017 was ₹1600 crores and ₹3800 crores in 2017-2018.^[7]^[8]

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Payworld Money

Payworld Money is a mobile wallet approved by the RBI. Payworld claims 10 million users in 2017.^[9]

Payworld is a GST Suvidha provider (GST Filing) as defined by the Goods and Services Tax Network (GSTN) in India.^[10]

References

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