Go Payments Business 2.6.7

The Go Payments Business App provides a platform for channel partners to join the Digital India Initiative as Banking Correspondents of Banks and earn extra income by offering various financial services (DMT, AEPS, BBPS, Travel, Insurance, etc.) to their customers. It also serves as a platform for corporates to distribute prepaid meal and gift cards to their employees, load funds, and monitor expenses.

Instant Global Paytech Pvt. Ltd. (Go Payments) was established in April 2018 with the goal of bridging the gap between physical and digital payments to enable users to engage in digital financial transactions through assisted commerce. The company was founded with the vision of establishing a platform that would make a wide range of financial services accessible to consumers across India, right at their doorstep. The platform links numerous agents nationwide, such as kirana shops, pharmacies, and mom-and-pop stores, with the formal banking system, enabling them to offer digital financial services like Domestic Money Transfer (DMT), Bill Payments, Mobile Recharge, and Travel Bookings, among others, to their customers.

In a predominantly cash-based economy like India, where millions of people are excluded from the formal banking sector, Go Payments collaborates with banks to empower these unbanked individuals by providing access to digital financial services for the first time. By offering a variety of digital financial services under one roof, Go Payments aims to serve as a comprehensive solution for agents looking to cater to end customers effectively. Therefore, the Go Payments Business App acts as a conduit, creating value for both banks and end users as well as agents.

The Go Payments Business App is also utilized by corporations to deploy prepaid cards, especially meal cards and gift cards, to their employees. Through this application, they can enroll employees or customers, top-up cards within the app post-registration and monitor cardholder spending. They have access to diverse types of reports for streamlined accounting and expense management within their organization.