What
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Where
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At a glance
5 Lakhs - 10 Lakhs
Investment Range
26 - 50
Franchise Count
On Inquiry
Area Required
On Inquiry
Payback Period
7
Years in Franchising

Paygyft (Virob Ecommerce India Private Limited) Franchise

About Us:

Introducing PayGyft, a cutting-edge and homegrown mobile application that’s set to redefine the shopping experience. In a landscape where numerous payment solutions promise cashback, PayGyft stands out by offering cashback on every single transaction, setting it apart from the competition.

What’s more, we’ve raised the bar even higher – you can earn cashback even when you pay with physical cash. At PayGyft, we’re not just a payment solution; we’re a digital payment and customer loyalty enhancement program, designed to address the evolving need for customer retention through digitization.

Based in the thriving tech hub of Bangalore, PayGyft is a rapidly growing FinTech company that’s dedicated to providing innovative solutions to its customers. As a trusted partner, we develop digital payment products that address our clients’ business challenges, drawing on our extensive experience in technology and FINTECH domains.

Our team at PayGyft is comprised of seasoned professionals with over two decades of experience in leading global IT and payment companies. Our customer base spans various domains and industries, and our strength lies in our highly motivated and skilled workforce, committed to offering round-the-clock services to our customers.

Our Platforms:

1. Retail Platform: Empowering local Customer Service Points (CSP) to provide a wide range of services in their communities, including AEPS, Domestic Money Transfer, Utility Bill Payments, Mobile & DTH Recharges, PAN Card applications, Insurance, and even bank account opening, among other services.

2. UPI Platform: Enabling merchants to accept digital payments effortlessly. With the growing footprint of digital payments, there is an increasing demand for UPI payments. Our Android App allows merchants to accept payments by simply requesting their customers to scan a QR code using popular apps like PayTM, GooglePay, Truecaller, PhonePe, and various banking apps that accept QR Code payments.

3. Lending Platform: Empowering NBFCs and MFIs to expand their reach. Our Retail Touch Points or CSPs offer lending services in their localities, making loans easily accessible with quick turnaround times. Simultaneously, it boosts the revenue for NBFCs and MFIs while keeping costs and risks at a minimum.

4. POS Platform: Offering a robust POS credit and debit card payment processing platform for merchants to accept card payments securely. Our NFC-enabled POS devices ensure that payments are processed with the highest level of security. Our product is certified by Master/Visa/Rupay, guaranteeing reliability.

5. PayGyft Prepaid Card: A versatile card that can be used for a variety of purposes, including shopping, utility bill payments, e-commerce transactions, booking movie tickets, DTH recharges, and more.

At PayGyft, we’re not just a solution; we’re your partner in seamless and rewarding digital payments. Join us in reimagining the way you shop and transact.

Business Services Payment Solutions B2B+B2C Semi-Absentee Individual/SME
Investment and financials
Cost overview
Investment range 5 Lakhs - 10 Lakhs
Franchise / Brand fee On Inquiry
Royalty / Commission On Inquiry
Investment tier Mid
Area required On Inquiry
Staff required 1 - 3
Setup complexity Simple
Business term 5 Years
Renewal available Yes
Returns outlook
Expected monthly revenue
₹95K – 3.1L
Revenue model Low
Business model B2B+B2C
Break-even
Capital payback On Inquiry
Capital sensitivity Medium
Investor fit profile
Operations
Operation mode Semi-Absentee
Location type Any
Property required Any
Home-based possible Yes
Can run part-time Yes
Primary customer Individual/SME
Market characteristics
Seasonality High
Recession resistance Very High
Digital integration Very High
Years in franchising 7 Years
Avg units / year 5
Ideal for
Small business owner Career changer Graduate entrepreneur
Franchise support
Provided by brand
Not provided by brand
Data not available
Tax System Inclusion
Franchise Manuals
Head Office Support
Field Assistance
Agreement Template
Marketing Co-op Fund
Training and agreement details
Training location
Company Office
Business term
5 Years
Renewal available
Yes
Brand strength
7 Years
Years Franchising
5
Avg Units / Year
2018
Founded
B
Brand Tier
B
Tier B — Growing brand with expanding presence
A+Established AMature BGrowing CStartup
Growing
Forefind rank history
Current rank
#21
Payment Solutions category
2025
Moved up 9 places since 2020
Based on Forefind scoring model
Licences and compliance
Required licences and registrations for operating this franchise in India. Requirements may vary by state and city tier.
RBI Guidelines
GST
Setup complexity:
Simple
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