PayNearby is a popular application for Android that allows users to conveniently withdraw and deposit money at local stores in India. There is also an option to complete domestic transfers to any legit bank of this country.
Bringing simplicity
Merchants and owners of retail stores can use their terminals as ATMs for their customers and help them to perform various financial operations. Besides deposits and withdrawals, it is possible to easily transfer funds between accounts, pay bills for home facilities and complete mobile recharges. Overall, residents of India are able to handle their urgent and banking matters at nearest retailers instead of looking for automated teller machines.
Vast array of services
In addition to above mentioned services, it is possible to apply for small and fast loans without going to the bank and dealing with paperwork. As long as users are over 18 and have a stable salary, they can ask for financial support online and receive funds right to their deposit cards.
As to retailers themselves, they are able to get commissions and rewards for providing services to people who need urgent access to banking tools. The income is collected for each transaction made via their machine or other payment devices.
Features
- possible to deposit and withdraw funds at nearest retail and local stores in India;
- just like in winbank, here users can pay bills online;
- there are flexible loan plans with affordable interest rates;
- free to download and use;
- compatible with supported Android versions.
