Roy Rahul 
Spice Money is a multi-service online banking and payment portal for Indian agents. The system uses a PAN card to make payments and offers features like a PPI wallet and bank transfers. To use Spice Money, you must first login to its official website. You will then be asked to accept the Terms of Service. After agreeing to them, you can reset your password. Once you do that, you can start using the b2b services with technolookup.com
Spice Money is a multi-service online payment and banking platform for Indian agents
The company has partnered with leading retailers such as Amazon to offer payment services through its agents. This allows agents to earn commissions by helping customers place orders online. Agents can sign up on the Spice Money website and an onboarding team will contact them to get them started. Once registered, agents will be given a Spice Money Agent ID and a password to access their account.
Spice Money utilizes the latest technology to provide seamless financial services through its agents. These agents study customer needs and design solutions that are tailored to their needs. Their mission is to enable the entire Indian population to access secure financial services. It also aims to reach out to under-served communities.
The company also provides services through its mobile application. For example, users can make payments using Aadhaar and QR code payments. The app is also available on Android devices and has eKYC authorization. The company claims that over 20 million customers use its services each month.
It uses a PAN card to make payments
Besides making payments for agents, Spice Money also provides day-to-day functions such as bill payments. This includes DTH recharges and phone recharges. These services are provided at the doorstep of the customer by the network of Spice Money agents. This enables the customer to pay bills at one place and in just a few seconds. The company’s user-friendly interface and payment gateway make transactions quick and convenient.
To use Spice Money, users need to register for an account. In addition, users must provide their PAN card number and their address. They must also provide their mobile number and a valid OTP to verify their identities. Once registered, the user can create a username and password. Then, they can use the app to transact online.
The app supports multiple languages. It is available in Hindi and English. To become a Spice Money agent, users must sign up for the program online. Once the registration is complete, a member of the onboarding team will contact them. During the onboarding process, new agents are required to pay Rs 1,500 to receive an ID.
It offers bank transfers
Spice Money, which provides a mobile wallet service, has a focus on domestic remittances and bank transfers. Users can pay bills, recharge mobile phones, book tickets, and perform other transactions. The user-friendly interface allows for a variety of transactions. It is available on over 3000 retail outlets in the country.
With more than 4 crore transactions processed in the current financial year, Spice Money is a profitable venture. It recorded revenue of Rs 270 crore in the first half of FY2021. In spite of its success, Spice Money has no plans to expand beyond its current market of rural and semi-urban areas in India. The startup has raised a total of $4 million.
Apart from bank transfers, Spice Money also offers retail and online payment services. Users can pay bills and make payments through QR codes. In addition, the service also supports mPOS and aadhaar enabled services. Spice Money’s mobile app has many features that can benefit consumers and retailers alike. Consumers can use it to make utility bill payments, recharge mobile phones, and use it for shopping.
It offers a PPI wallet
Spice Money offers a PPI wallet that is easy to use. First, a user needs to register for an account on the website. The process is quick and easy. It simply involves entering your contact details and email address and selecting a password. Once registered, you can start using the service by transferring money to friends, paying bills, and more. The wallet can also be used to make transfers between bank accounts. It also allows users to communicate with their agent by connecting to a WhatsApp group.
Spice Money is a digital financial services platform, primarily targeting the underserved section of the society. The company has a number of licenses and serves over 4 million unique clients. It processes about 30 million transactions annually. The website has information about different products and services offered by the company.
Spice Money offers a PPI wallet that is approved by RBI and linked to the user’s mobile number. It is also an ISO 9001:2008 and ISO 27001:2013-certified company, enabling users to transfer money instantly across the country. It is also compatible with other digital payment platforms, including PayPal.
