Vita PayRakam

There are various scenarios where sending money to family, relatives, friends or others can be a daunting activity. Especially in semi-urban or rural areas where bank branches are far away, and many citizens do not have any smart phones to facilitate money transfer. Many citizens are still unbanked; therefore, it becomes difficult for them to send money to family or friends etc. MAXIMUS PAYRAKAM is the product which facilitates peer to peer money transfer and citizens can reply on this product for transferring fund.

This application facilitates fund transfer to account holders of banks listed in the app using payment services such as DMT, AEPS, BBPS, UPI Pay.

Domestic Money Transfer (DMT)

100% secured payment system to any individual with a bank account with multiple levels of authentication
Service available on all days including National and Bank holidays
RBI approved payment system
No hidden costs other than charges payable to agent
Send money to any branch of any bank

Aadhaar Enabled Payment System (AEPS)

Financial and non-financial transactions using Aadhaar data linked to bank accounts
Withdrawal of money from any bank
Card-less transaction using only biometric authentication
Fast and secured transaction
Biometric based authentication system

Bharat Bill Payment Services (BBPS)

Convenient and time saving option for bill payments
Payment for electricity, gas, water tax, telephone, mobile, DTH using card/biometric authentication and also by cash
Reliable system with high level of security
Instantaneous payment confirmation
Standardized dispute management system to handle customer grievances