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 don’t get it on every purchase. That’s 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 client’s 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.
Operations Commenced On 2018
Franchise Commenced On 2018
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 10 %
Region Wise
Investment INR 5lakh - 10lakh
Unit Fee INR 50000
Master Fee INR 50000
Commission 10 %
State Wise
Investment INR 2lakh - 5lakh
Unit/Brand Fee INR 50000
Master/Brand Fee INR 50000
Royalty/Commission 10 %
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 1-3 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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