*Wouldn’t it be great that every time we spend, we get returns on our savings. Imagine saving via discounts when you dine in at a restaurant, buy a gym membership at a gym or pay after a relaxing spa session, or purchase home essentials and groceries at your nearby store. It sure is an inexplicable feeling. Paymenow’s inventive mechanism rewards you for your spending. Shopping & spending on Paymenow will please your heart, mind & soul.
*“Paymenow” is an integrated horizontal commerce platform with diverse payment options. It provides customers with a single convenient platform & enables him/her to use a collection of services & purchases. It is ingeniously designed to enable customers to book their visits and does purchases & pay utility bills at various service-based verticals, both online and offline ranging from restaurants, cafes, salons & spas, mom & pop stores, Kirana & other essentials, fuel stations salons, clinics, theatres and much more.
*Not only is our target market broad with extensive demand, but our 101% Cashback proposition is filled with limitless possibilities, which makes us ‘Unique’ and ‘Undeniably Differentiated’.
Startup Description
The Unbeatable Proposition
*Paymenow is not "yet another App“.
*It is a "Customer Repeat & Retention Program“.
*Paymenow helps businesses achieve better ROI (Return on Investment) through our "Diminishing Discount Rate" attribute by implying ROE (Return on Expenses) to the customers with its "Guaranteed 101% CASHBACK" proposition on Every Bill.
*The bottom line of retailers both online and offline is heavily affected by stuck working capital, heavy dependency on discounts, and higher CAC. To solve this issue, Paymenow offers distinct 101% Cashback which serves as an ingenious sales and marketing tool that businesses can employ to acquire new customers & delight their existing customers, ultimately improving their bottom line.
Product Screenshots
Business Model
The Business Model Flow - Simple & Transparent
*Customer visits/discovers a nearby store
*Pays the bill via the Paymenow App
*Receives 101% cashback of the bill value in their Paymenow Wallet
*Uses the Cashback in the wallet to shop from a wide range of product categories & brands
*101 % Cashback Guaranteed Every time
*No Minimum spend required
*No Up to & Capping on cashback
*1 Paymenow Coin = 1 Rupee
Customers
based in
India
Business
Modal Type
SaaS
Type of
Sales
B2B
Teams
Shweta Pilania
Business Development & operations
Ddevesh Siwal
Sales Marketing & Distribution
Are all the founders full-time on this
project?
Yes
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