There are various scenarios where sending money to family, relatives, friends or others can be a daunting activity. Especially in semi-urban or rural areas where bank branches are far away, and many citizens do not have any smart phones to facilitate money transfer. Many citizens are still unbanked; therefore, it becomes difficult for them to send money to family or friends etc. MAXIMUS PAYRAKAM is the product which facilitates peer to peer money transfer and citizens can reply on this product for transferring fund.This application facilitates fund transfer to account holders of banks listed in the app using payment services such as DMT, AEPS, BBPS, UPI Pay.Domestic Money Transfer (DMT)100% secured payment system to any individual with a bank account with multiple levels of authenticationService available on all days including National and Bank holidaysRBI approved payment systemNo hidden costs other than charges payable to agentSend money to any branch of any bankAadhaar Enabled Payment System (AEPS)Financial and non-financial transactions using Aadhaar data linked to bank accountsWithdrawal of money from any bankCard-less transaction using only biometric authenticationFast and secured transactionBiometric based authentication systemBharat Bill Payment Services (BBPS)Convenient and time saving option for bill paymentsPayment for electricity, gas, water tax, telephone, mobile, DTH using card/biometric authentication and also by cashReliable system with high level of securityInstantaneous payment confirmationStandardized dispute management system to handle customer grievances
Vita PayRakam
