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‘PayNearby NeoDukaan’

Published on September 03, 2021
Current Context: India’s leading branchless banking and digital payments network PayNearby launched ‘PayNearby NeoDukaan’.
‘PayNearby NeoDukaan’
  • The ‘PayNearby NeoDukaan’ was launched in association with the Retailers Association's Skill Council of India (RASCI).
  • The ‘PayNearby NeoDukaan’ will help in the digital upgradation of retail partners.
  • It is the first-of-its-kind store management tool that gives a digital touch to the retail stores.
  • It provides digital payment options like credit management and online wholesale procurement.
  • It thus features stores through online mode with a single click and allows them to compete with the e-commerce giants and large format superstores.
  • It provides wide-ranging payment options like UPI QR, Aadhaar Pay, mPOS, and SoftPOS to the customers.
  • Static Part: 
    • HQ of PayNearby: Mumbai
    • CEO of PayNearby: Anand Kumar Bajaj
    • HQ of RASCI: Mumbai
    • Chairman of RASCI: Avijit Mitra

Question: 

Q.1 What is the name of the store management tool launched by PayNearby in association with the Retailers Association's Skill Council of India?
a. PayNearby NeoSahitya
b. PayNearby NeoBhandar
c. PayNearby NeoShop
d. PayNearby NeoDukaan

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