Pay1 | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
Pay1 is a Mumbai-based retail tech and fintech company founded in 2011. It operates a digital platform that connects over 400,000 retailers across more than 2,300 cities in India, focusing on empowering the unorganized retail sector. The company provides financial services, bill payments, and merchant tools to enhance earnings and promote financial inclusion. Pay1 has processed over ₹1,000 crores in transactions and aims to support retailers in becoming self-reliant through its initiatives.
The platform offers mobile apps and web portals for retailers and distributors, enabling them to manage stores, access new products, and serve as digital payment points. Key services include utility bill payments for over 150 companies, mobile recharges, and various retailer tools designed to increase customer footfall and earnings. Pay1 is committed to expanding its offerings, including mobile POS and ATM services, to further enhance financial inclusion for unbanked individuals. The company emphasizes its role as a network for shopkeepers, supporting local businesses and fostering economic growth.
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