Industry Overview
Every household consumes various mandatory services like electricity, gas, water, landline, banking, mobile phones, etc. apart from these, households also need services with unrestricted spending like DTH, travel, entertainment, remittance/money transfers, financial services. India, the largest democracy with over 250 million households, is witnessing huge growth within the services trade. While new services are being introduced, the consumer base of the already offered services is growing at a gentle pace.The process of availing and creating payments for these services is usually inconvenient and long because of the shortage of an efficient and enough service delivery channel. Digital India solution capitalizes on this infinite need, which can still grow because of the under-penetration of the recommended services, growth of the service sector and increase in payment power of the common consumer.
Our Solution
Digital CSP solution provides consumers a quick and easy, single stop access to a spacious collection of services. Consumers can purchase or make payments for practically any high-speed consumer service, like Utilities, Travel, Cinema, DTH / Mobile Recharge, Banking & Financial Services, etc in their neighborhood. Pay Point provides consumers this convenience by creating a franchise network of standard mom and pop stores located in the consumer’s neighborhood. These franchisees are given a multi functional terminal, that is connected to the service providers servers and executes transactions periodically. Digital India has contractual agreements with service providers and is authorized to issue legally sustainable reservations and receipts to consumers.
