GST Suvida Kendra

Financial Services

RASPAY provides services like AEPS and mATM Cash Deposit, Withdraw, Cash Collection, Domestic Money Transfer, Recharge, BBPS Bill Payment, MICRO LENDING, Insurance and wide range of banking & financial services.
Cr. Remittance Per Month
Cities Across India
Agents Working In India
Master Distibutor in India
Distibutor Work in India

Our Services :

AESP Services

A bank led model which allows online interoperable financial transactions like Cash Deposit/Withdraw & Mini Statement Enquiry through Aadhaar.

Micro ATM

Accept Payments or Withdraw on Your Smartphone/Tablet through our mATM Solutions. All Debit Card Accepted, Real-Time Settlement. No Monthly Rental. No any Hidden Charges.

Money Transfer

"Single Page Remittance App" is a easy-to-operate and most user friendly platform where money will move faster without OTP, IFSC and Bene adding.

Topup and Utilities

Faster & Responsive Prepaid, DTH and Postpaid Recharge. Processing Utility Bill Payments through Bharat Bill Payment System - BBPS Network


Serve your walk-in customers with #HospiCash. 3 Insured Benefits Under Single Policy. (1) Hospitalization Cash – (2) Permanent Disability – (3) Death

Micro Lending

Take Your Business to the Next Level With our Quick & Reliable Working Capital Loans. Remittance - Document Upload - Get Offer - Loan Processed

Aadhaar Enabled Payment System (AEPS)

AEPS or Aadhaar ATM is the most convenient way to withdraw cash and enquiry bank balance using Aadhaar number and fingerprint. In partnership with  ISU aims to provide hassle-free banking service to nation who wants to withdraw money and enquiry bank balance.


Retailer connects any UIDAI certified biometric device with his computer or android smartphone for Aadhaar authentication. Aadhaar Number, Bank Name and Fingerprint – These are the minimum details required of a walk-in customer who wants to withdraw cash. Customer’s Aadhaar should be linked with his bank account. No need to provide additional bank details like account number, IFSC to retailer. No need of visiting bank branch or ATM to withdraw cash. This ATM service is available in any authorized point of RASPAY in India.

Key Highlights:

  • Cash Withdraw through Aadhaar number
  • Balance Enquiry using Aadhaar Number
  • Instant Settlement to Wallet
  • AI-enabled Bank Selection
  • AI-enabled Amount Selection
  • Safe & Secure biometric authentication
  • Holiday Banking
  • Attractive Commission for Retailers
  • No Extra Charge for Customer

Domestic Money Transfer (DMT)

RASPAY’s wallet system is linked with multiple bank’s IMPS switch to operate Domestic Money Transfer smoothly. Our Domestic Money Transfer or DMT is the most robust way to deposit cash within 15 seconds in any bank account across India through sender’s mobile number only.


Retailer opens a wallet on behalf of sender through an OTP based verification of sender’s mobile number. Bank account or any other details of sender is not required for DMT. No need to visit bank branch or CDMs and wait for hours to deposit money. Cash Deposit can be done through any authorized points of RASPAY in India. This service is available 24X7 and in holidays also.

Key Highlights:

  • Single Page Remittance App
  • Transfer Money in 3 Clicks
  • 450+ Banks available in Platform
  • Beneficiary Verification
  • Smart Beneficiary Addition
  • Automatic Refund
  • Bulk Transfer
  • Secure & Risk Mitigation

Micro ATM (mATM)

Micro ATM or mATM is an alternate way of AEPS to withdraw cash and enquiry bank balance using Debit card. RASPAY process transactions through android app using a card reader ATM device. This product operates under National Financial Switch (NFS) and guidelines of NPCI.


Initially Micro ATM device pairs with RASPAY android app through Bluetooth connectivity. Customer’s Debit card and ATM PIN is the only requirement to process withdraw or balance enquiry transaction. Unlike AEPS there is no limitation for transaction through Micro ATM. Customer can withdraw as per card issuer bank’s limitation. Micro ATM has become popular as this is the most reliable way for withdraw transactions.

Key Highlights:

  • All Debit Cards Accepted
  • Cash Withdraw & Balance Enquiry
  • Seamless Connectivity via Bluetooth
  • Instant Settlement to Wallet
  • Works in Holiday/Non-Banking Hours
  • Attractive Commission for Retailers
  • No Extra Charge for Customer

BBPS & Recharge

RASPAY has tied up with bank alliances, to provide uninterrupted service in Bharat Bill Payment System (BBPS) and Recharge. All bill operators are interconnected in this BBPS and more than 100 recharge and bill operators are associated with us. In BBPS we have offerings like Mobile Bill Payment, Landline Bill, Electricity, Broadband, Water and Gas Bill Payment. Along with that DTH and Postpaid bill payment is a major part in Recharge.

Key Highlights:

  • Mobile, DTH, Data Card & Postpaid
  • Utility Bill Payment (Electricity, Gas, Life Insurance)
  • Automatic Refund Process
  • All States Utility Bill Payment Operators
  • 100+ Operators under a single platform
  • DTH & Postpaid Recharge

Micro Lending

Grow your business with our easy working capital loans. Retailers and Partners with minimum 2 months of on-boarding and good transaction volume can apply for loan in their application.

Key Highlights:

  • Nominal Interest Rate
  • Tenure will be decided by the partners
  • Flexible EMI Module
  • Business Micro Loans for Channel Partner and Retailers
  • Zero Risk
  • No Late repayment fees

Life Insurance & HospiCash



Along with deposit and withdraw services, approaching customers can also avail insurance policy at iServeU touch points by providing their mobile number and minimum details. In association with Kotak Mahindra Bank Ltd, iServeU was the first company in India to launch Kotak Life Insurance and HospiCash at retail points.

1 Lakh and 2 Lakhs- these 2 variants of policies are available under Kotak Life Insurance. HospiCash is the most affordable insurance policy available in current Indian market. 3 kinds of insured benefits are available under HospiCash- Hospitalization Cash, Permanent Disability and Death.

Hospitalization Cash

Daily cash amount of Rs 500 paid to the policyholder for each day of Hospitalization ( Max. 30 day per year ) in any hospital. Produce the discharge certificate to avail the benefit. Pre-existing diseases waiting period applicable

Permanent Disability

Up to Rs 1,00,000 benefits for Permanent Total Disability due to accident within 1 year of availing the policy. E.g: Loss of Limbs, Complete loss of eyesight etc.


Rs 1,00,000 of insurance payment to nominees of policy holder if death occurs is due to accident then eligility for payment of Rs 2,00,000

Key Highlights:

  • Life Insurance of 1 Lakh & 2 Lakhs
  • Easy Claim Process
  • Higher Margin Structure
  • Affordable Life Cover
  • 3 insured benefits in a single policy
Total Website Visits: 55548
Total Page Visits: 24953