Lakhs of Indians are scanning their fingerprints and withdrawing cash, paying bills and booking tickets through local grocery stores every day through biometric-enabled payment channels from their bank accounts linked with Aadhar to fulfil their cash needs.
Fastpay offers a compelling solution while adding value to all their stakeholders – Super distributors, Distributors, Retailers, Customers, Service providers and Merchants. Fastpay gives the exclusive business opportunity to super distributors for partnership. Super distributors could be anyone from the rural as well as urban areas in the country who are willing to provide Fastpay services like banking services, bill payments, recharge services, utility services, travel booking and accommodation booking for customers. You do not need a physical set up to provide these services to customers.
Super distributors will engage retailers to join the Fastpay services. For every successful bill payment or travel booking done, Super distributor will earn commission by transferring the balance to retailers in their area. With more retailers joining in, the transactions will increase and ultimately more commissions.
Fastpay Distributorship offers our merchant partners to further partner with Retailers who will promote Fastpay services like banking services, bill payments, mobile recharge, travel booking, etc. under the Fastpay Distributor model. The merchants have the opportunity to earn commissions by transferring the trading balance to retailers in their areas. The more retailers that join you, will increase the number of transactions which will further give rise to commissions.
With Fastpay, distributors receive good commissions as well support from the head office. Here are some of the advantages of becoming a Super distributor:
● Great commission rates
● Hassle free service
● Support team from head office
● Enormous increase in sales
● No set-up or maintenance cost
● Efficient and faster payment realization
● Online MIS reports
● Enhanced customer convenience
● Live transactions and real-time updation
Did you ever imagine a vegetable vendor or a street-side ‘chaatwala’ or an auto driver accepting digital payments via smartphones, UPI or QR codes? Thanks to the demonetization, every person in India now knows the benefits of cashless transactions and are fearlessly using them for everyday business payments.
Especially since the COVID-19 pandemic hit in India, customers are wary of unnecessary touching of places and cash and moving towards cashless transactions in urban as well as rural India. Customers want to avoid the risk of infection at multiple instances through the process of withdrawing, handling and exchanging cash. A cashless transaction is best in such a situation.
At Fastpay Payments, we want to progressively move towards taking services closer to rural customers. Our banking services include customer registration, doorstep banking and biometric-based authentication systems. This engagement helps customers in remote and rural areas, complete transactions such as cash withdrawal, check balance, utility payments, travel bookings, hotel booking etc.
Micro-ATMs allows customers to deposit or withdraw funds regardless of the bank in which their account is. Varying from bank to bank, the micro-ATM allows for biometric identification (via Aadhaar), use of debit and RuPay cards, or the mobile phone number, to access your bank account.
List of Utility bills which can be paid using Fastpay services are:
● Electricity bill
● Municipality related payments
● Water bill
● Telephone landline bill
● Gas Pipeline bill
● Insurance Premium
● Broadband Recharge
● Prepaid Mobile Recharge
● DTH Recharge
● Postpaid Mobile Bills
Benefits of becoming Fastpay Retailer/Distributor/Super Distributor
● Earn extra by being a Retailer with Fastpay
● Offer all the banking and digital services to customers in rural/remote areas
● Get equipped with a wide range of cashless and digital services
● Be partners with the leaders in technology and payment systems
● Sell digital services and earn lucrative commissions
● Accept and send electronic payments
● Utility payments