91paisa
- Zodhana Mobile Solutions Pvt Ltd
- Full-Time
- Gurgaon, India
- Feb 2018 - May 2018
91paisa is a cashless method of transferring money agnostic of a mobile device. It works the same way on a feature phone as it is on a smartphone. It is built on top of e-NACH and cloud telephony for people who are unable to transfer money via mobile app.
We saw a number of labourers withdrawing cash from ATMs and sending money home through banking correspondents (BCs) in their neighbourhood who charge hefty 2% on every transaction. People with the lowest income were paying the highest transaction fee to send money home.
