The Technologies that are aiding the retailers during the post demonetization.

For those people, who most of the time stay at home, and also do not have much interest in the online services, television is the most favorite entertainment medium for them. Taking this interest of people into account, XPay.Life renders the service of DTH recharge through which the recharge can be done effortlessly in a jiffy.


The traditional brick and mortar shops are businesses that solely depends on the hard cash transactions to elevate the profits. The business was booming with success until the wave of demonetization hit them. Only a handful of retailers were able to sustain the harsh economic times. The high denomination currencies were stopped, to curb the corruption and terrorism that sustains the high denomination transactions. But this instance immediately increased the digital shift and high acceptance towards the digital platform by the customers for bill payments.

During this phase, the e-tailers such as Flipkart, Amazon and booking sites made huge income by urging the customers to go online. All the shops sensed the shift, the brick and mortar shops experienced the all-time low. The bill payments service providers who could make the online water bill payment in a jiffy, were also in war with the online retailers and shifting the business to a complex website.

These posed a lot of problems and the shift required the maximum circulation of cash to be liquid and hence the merchants started to accept the digital wallets that were creating a revolution on how the transactions are made. The quick response code or the QR code gained popularity with each passing day urging it’s customers to go digital with the QR code payment app.

The payment apps like paytm, phonepe, XPay Life and google pay started providing lucrative offers and cashback thus providing a heavy competition in the market of best mobile payment app. The customers though were still reluctant to use the money that has no physical appliance thus losing the sense of control over the transaction. Also, the brick and mortar shops in the rural villages still are far away from the digital shift the country is set to achieve. the demonetization act that made in the year 2016 stressed on the need of the alternate modes o transaction and evident fact that the rural areas were lacking infrastructure for making simple payments.

This initiated the “Make India” Moment stronger with the government insisting on creating jobs and implementing the technological advancements inside the country. Out of the several fin-tech companies, XIPHIAS XPay Life Pvt Ltd has been successful in innovating the technologically advanced infrastructure for the digital empowerment. Reliance big tv recharge online

XPay.Life is a bill payment service provider that has expanded the bill payment sector through its innovative technologies. One of the technologies that are helping the small scale retailers is the introduction of bill payments through the POS machines. The retailer can now collect the bill payment like Gas Bill Payment by using theXPay Life POS machine that is used to make bill payments by collecting cash, credit or debit cards thus empowering the retailers.

On the consumer's point, there is website www.Xpay.Life that is solely built for the bill payment.The mobile app of XPay.Life is compatible with both Android and iOS devices. The application is secure as it doesn’t store any credit or debit card details and hence protecting the customer from the probability of unauthorized transactions. Also, the application is user-friendly with easy navigation to all the pages and the transaction is made easy and efficient with the most secure payment channel providing the popular channels of payment like credit and debit cards, UPI payments, net banking, and mobile banking for Mobile Bill payment Online or any other bills online,

There is a technologically advanced payment infrastructure that is bridging the gap between the people and sectors. The bill payment kiosk is revolutionary as it is providing cash as a bill payment mode along with the payment with credit/debit cards as well. These are stationed in 254 places around India as of now and intended to deploy 254 kiosks within the next year for providing Online Broadband Bill Payment or any other bill payments. In Bangalore, it is placed along with the ICICI bank ATMs and hence showing the customer onboarding and high acceptance rate.

Write a Comment