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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Payment Solution Services

PayGyft (Virob eCommerce India Private Limited)

Area Requirement -N/A-
Investment Size INR 2 Lac - 10 Lac
Franchise Outlets 20-50
Business Detail

PayGyft, an indigenous and powerful mobile application, is a platform conceptualized to revolutionize the way people shop. Today a whole lot of payment solutions offer cashback but primarily these are in the form of points and then you dont get it on every purchase. Thats what separates PayGyft from other similar looking payment solutions.

You get cashback every single time you pay via PayGyft. And if this is not enough, we have another NEW, you get cashback even if you pay by CASH!

As the name suggests, PayGyft a digital payment and a customer loyalty enhancement program developed to meet the growing need for customer retention, by means of digitalization.

PayGyft is a rapidly growing FinTech company based in Bangalore, delivering solutions to its customers. As a trusted partner to its customers, PayGyft develops digital payments products to deliver services to its clients business challenges by leveraging its strong technology FINTECH domain experiences.

PayGyft is promoted by a team of experienced professionals from leading Global IT Payments companies having over two decades of experience. Our customer profile is spread across multiple domains and verticals. Our strength lies in highly motivated and talented workforce who provides round the clock services to our customers.

Retail Platform: Digital Platform to empower local Customer Service Points (CSP) to offer services in their neighbourhood such as AEPS, Domestic Money Transfer, Utility Bill Payments, Mobile DTH Recharges, PAN Card applications, Insurance, Bank Account opening and many other services.

UPI Platform: UPI platform helps merchants accept payments digitally. With increasing digital payments footprint, demand for UPI payments is increasing every day. Using our Android App, merchant can accept payment by requesting their customers to SCAN merchant QR code by using any Apps, such as PayTM, GooglePay, Truecaller, PhonePe and any banking App which accepts QR Code.

Lending Platform: Our lending platform helps NBFC's and MFI's to extend their footprint. Our Retail Touch Points or CSP's offer lending services in their neighbourhood. This helps borrowers easy loan at a quick turnaround time, while at the same time, it increases the revenue for NBFC's and MFI's at a very low cost and minimal risks.

POS Platform: Our robust POS credit debit card payment processing platform provides merchants to accept payments using credit or debit card. NFC enables POS devices ensures secured payments. The product is being certified by Master/Visa/Rupay.

PayGyft Prepaid Card: PayGyft card can be used for various purposes like shopping, utility bill payments, e-commerce, booking movie tickets, DTH recharge and many more.

Investment Detail
Commenced Operations
Operations Commenced On 2018
Franchising / Distribution Commenced On 2018
Franchise Details
UNITS
Location Store wise
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 10 %
Master / Multi Unit
Region Wise
Investment INR 5lakh - 10lakh
Unit / Brand fee INR 50000
Master / Brand fee INR 50000
Royalty/Commission 10 %
राज्य अनुसार
Investment INR 2lakh - 5lakh
Unit / Brand fee INR 50000
Master / Brand fee INR 50000
Royalty/Commission 10 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Anticipated percentage return on investment 100%
Payback Period 1-3 Months
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Company Office
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is term renewable? Yes

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