PowerPay, a unique e-wallet app and a prepaid card service was launched in a grand event on Saturday, 2nd December 2017, at NSCI Dome, Mumbai. The event was graced by Shree Param Pujya Naypadmasagarji Maharaj Saheb Swami and Minister of State for Human Resource Development, Mr. Satyapal Singh along with other dignitaries.
PowerPay, aims at accelerating digital forms of payments by providing a unique e-wallet app and a prepaid card service. The PowerPay e-wallet Service allows you to carry out online shopping, buying insurance, making bill payments and a whole lot more. The PowerPay card, on the other hand, can be swiped at the ‘brick & mortar stores’ to make your purchase. Customers can add funds to their e-wallet online or recharge their pre-paid card at the nearest grocery store. The funds and expenditure will show online and will reflect on the card, on the account of both being synced together for the customers’ convenience. One can purchase the powerpay Card at INR 250/- only.
Powerpay additionally offers mediclaim insurance plan designed in a way to provide maximum benefits to its customers. PowerPay Prepaid card users can use insurance at a click of a button. These benefits are also for those who have been prediagnosed with diseases. The policy can be availed easily without any medical test and can be bought online through the PowerPay App and is applicable to adults till the age of 80. PowerPay generously offers maternity expense coverage for women along with tax benefits on medical treatments.
The event was graced by spiritual guru Shree Param Pujya Naypadmasagarji Maharaj Saheb Swami, the mentor and conceptualizer of Jain International Organization (JIO), showering his blessings and good wishes “We are grateful to Mr. Paras Shah for initiating a program which mainly focuses on the wellbeing of the society. Initiatives like these are a way to give back to our motherland. I am extremely elated to be a part of this noble gesture”. Said Shree Param Pujya Naypadmasagarji Maharaj Saheb Swami.
The event was a platform for people of all ages, from, several communities who served as an audience leading to an enormous footfall. Mr. Satyapal Singh launched PowerPay and emphasised on its two strong product offerings – the Mediclaim insurance and cashless digital payment. The discussion focused on the need for a robust digital payments ecosystem in the country and the importance of health insurance for every individual.
PowerPay has created an exciting marketplace that is complete with a wide product category keeping in mind the needs/choices of every age group. Customers can employ the e-wallet service to make payments and in case don’t have access to any device, they can completely rely on the PowerPay card.
“Our brand is designed for each one of you, the benefits of the card are massive and will aid in smoothening the transactional processes in India. Several people die every year due to improper medical facilities, this card will help them bear their medical expenses.” We have tried to offer the best possible deals and discounts. We sincerely hope that the product will be of immense support.” said Paras Shah, Managing Director, PowerPay India Pvt Ltd.
About PowerPay
PowerPay is a unique eWallet app and a pre-paid card service provider founded by the very young and talented entrepreneur Mr. Paras Shah. The company aims to facilitate its customers with online and offline world of commercial experience keeping in mind the immeasurable benefits of digital payments to consumer. PowerPay offers medical policies covering pre-existing and future illness up to the age of 80 years at the lowest and affordable price along with additional benefits to assist patients who are or could be struck by critical medical issues having no medical policy and no financial backup. It also offers free Insurance up to Rs. 2 Lacs on Personal Accidental Death.
The PowerPay e-wallet Service allows you to carry out online shopping, buying insurance, making bill payments and a whole lot more. The PowerPay card, on the other hand, can be swiped at the ‘brick & mortar stores’ to make your purchase. Customers can add funds to their eWallet online or recharge their pre-paid card at the nearest grocery store. The funds and expenditure will show online and will reflect on the card, on the account of both being synced together for the customers ‘convenience.
The PowerPay e- wallet and Card bring to customers excellent discounts and cash back options at restaurants, spas, hotels, gyms, medicines, etc. and over 14,000 merchants along with added advantage on insurance and other services. The PowerPay card and wallet both can be used to do mobile recharges, Bills payments, Bookings of Hotel, Flight, Bus, money Transfer, avail discounts, etc. It can be swiped at ATMs for cash withdrawal and can be recharged at any nearest Network of PowerPay.
