PayNearby has collaborated with TRRAIN Circle to provide digital upskilling tools to retailers through TRRAIN Circle’s exclusive mobile-friendly content to arm retail workers with the essential skills. PayNearby aims to digitally upskill over 20 lakh retailers spread across the length and breadth of the country by joining hands with TRRAIN Circle (Trust for Retailers and Retail Associates of India).
Despite the growth in digitalization, India is still struggling with stunted growth in financial inclusion, majorly due to the lack of financial and technological literacy among the masses. PayNearby, TRRAIN collaboration aims at promoting holistic well-being by hosting in-house counselling for the retailers.
Commenting on the collaboration, Anand Kumar Bajaj, founder and CEO, PayNearby remarked: “Retailers are the very core of a business ecosystem and it is important for them to have all the necessary knowledge and skills to make their work easy and enhance customer engagement. A local retail shop in India is a community hub as well, which makes the store a great source to achieve widespread financial inclusion. Through this collaboration, we aim to empower our retailers further and help realize our vision of upskilling over 20 lakh retailers, helping them to become self-employed, financially independent and aware Digital Pradhans.”
BS Nagesh, Founder, TRRAIN added: “PayNearby has a revolutionary business model which financially empowers retailers while contributing to the financial inclusion drive in India. We share a common aligned vision that aims to improve the professional & personal lives of people in the retail and related industries. We are excited to associate with PayNearby in this journey and hope to build a synergy towards upskilling and empowering the local-retail ecosystem in India.”