Technology Other News 09 Oct 2019 XPay.Life commences ...

XPay.Life commences Mumbai outreach plan, targets 1 million transactions

PRESS RELEASE
Published Oct 9, 2019, 6:27 pm IST
Updated Oct 9, 2019, 6:27 pm IST
Unlocking digital for the new-age India, XPay.Life supports multi-utility bill payments through blockchain & self-help kiosks.
The company further plans to deploy 25,000 Touch Screen Kiosks for Bill Payment by next year and one lakh kiosks Touch Screen Kiosks for Bill Payment in the next three years.
 The company further plans to deploy 25,000 Touch Screen Kiosks for Bill Payment by next year and one lakh kiosks Touch Screen Kiosks for Bill Payment in the next three years.

Driven to make life simpler by providing a one-stop solution to the consumers to pay their multi-utility bills using a single window, XPay.Life announced its expansion plans in Mumbai by targeting 1 million transactions per annum via its self-help kiosks. XPay.Life unlocks digital bill payments for the new-age Bharat through its Touch Screen Kiosk, which accepts cash as well as digital payments.

The company leverages a blockchain-based transaction framework for providing secure and fast payment solutions. On a pilot basis, XPay.Life will deploy Bill Payment Kiosks at Hubtown Solaris (Andheri East) and Bandra Kurla Complex (Bandra East) in Mumbai. Later, it will strengthen its presence with 10 Kiosks across various locations.

 

While XPay.Life is currently present in Jharkhand, Gujarat, UP, Maharashtra, and Telangana, it is gradually expanding its business footprint across various Indian cities including Mumbai. The digital payments platform’s recent expansion will bolster its customer outreach across other cities as well including Pune, Delhi, Patna, Rajkot, Surat, Ahmedabad, Bangalore, Bhopal, Indore, Jabalpur, Bhubaneswar, Chandigarh, Madurai, Lucknow, Varanasi, Dehradun. Aiming to tap into the B2B, B2C, and B2G segments in its new network, XPay.Life will soon be deploying its Bill Payment Kiosks in these cities.

The solutions by XPay.Life have been met with an affirmative response by the users. It is currently clocking in over 100 Cr of volume on cash collection through one of its touch screen kiosks deployed in one of the smallest states in India. Expanding to Mumbai is part of XPay.Life’s aggressive expansion plan throughout the country. The company further plans to deploy 25,000 Touch Screen Kiosks for Bill Payment by next year and one lakh kiosks Touch Screen Kiosks for Bill Payment in the next three years.

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