Weizmann Impex Service Enterprise Ltd has received authorization from Reserve Bank of India to issue and operate semi closed prepaid payment instruments in India.
JaldiCash is an integrated solution platform that assists our agents to distribute multiple services through a single window. JaldiCash can be accessed through the web www.jaldicash.com. JaldiCash has a seamless payment and settlement system that integrates the digital working capital wallet of our agents for processing transactions & receiving commissions on real time basis.
Domestic remittance market in India is currently estimated around USD 4 billion and is expected to grow to USD 9 billion in the next 4 years.
A vast number of migrant laborers do not use formal financial channel of remitting payments. Through JaldiCash, we are enabling customers make swift & safe domestic transfers to their friends and family.
JaldiCash provides highly efficient medium to its agents and corporate partners for remitting funds on behalf of customers to various banks in the country. We offer Domestic Money Transfer business as a Business Correspondent (BC) of RBL Bank ltd and through our Prepaid Payment Instrument authorization awarded by Reserve Bank of India (RBI).
In India out of 1.3 billion people, mobile phone subscriptions has already reached 1 billion mark, according to the latest data supplied by TRAI. The number of mobile Internet users in India is approximately 371 million which is expected 730 million in next couple of years, driven by strong adoption in rural parts of the country (various market sources).
The government push for adoption of digital payments is further expected to provide a boost for adoption of smartphones in the country.
JaldiCash provides providing Mobile, DTH & Data Recharge and Bill Payment service through its agents and corporate partners.
Weizmann Impex Service Enterprise Ltd is authorized as eTicketing distributor for selling rail tickets through the service of TSI Yatra Pvt Ltd. eTicketing offers customers the fastest and quickest way to book their rail tickets without having to wait in queues.
The software for rail tickets provides train routes, train timings, train fares, availability of tickets, confirmed booking of rail tickets, Wait List ticket bookings, and Tatkal ticket bookings covering all zones (subject to IRCTC terms and conditions). Bus and air ticketing would be added soon to the software.
JaldiCash currently provides the services through Weizmann Forex Ltd branches and will soon extend the business to Retailers.
Indian consumers are increasingly shopping online through e-commerce sites, mobile wallets etc. While Indian consumer shop online, they continue to look for offline methods of payments by providing Cash.
It is expected over 600 million consumers will pay offline for their online purchases in the next 10 years (various market sources). Moreover in India, close to 90% of transactions happen via cash.
JaldiCash provides Cash Collection & Wallet Top Up services for various e-commerce and mobile wallet companies.
In India out of 1.3 billion people, mobile phone subscriptions has already reached 1 billion mark, according to the latest data supplied by TRAI. The number of mobile Internet users in India is approximately 371 million which is expected 730 million in next couple of years, driven by strong adoption in rural parts of the country (various market sources).
The government push for adoption of digital payments is further expected to provide a boost for adoption of smartphones in the country.
JaldiCash provides providing Mobile, DTH & Data Recharge and Bill Payment service through its agents and corporate partners.
We at JaldiCash offers access to religious ceremonies and remedy rituals across 3600 temples in India. Easy access to divine interaction and accountability of transactions. Make devotees path to Divinity easy and convenient. Seeking divine intervention and paying homage to the powers of the Almighty, made available at nearest JaldiCash Location. The total temple donations and payments for performing Puja’s is estimated to 2 Lac Crore per anum and largely paid in cash.
