Covid-19 lockdown is affecting transactions in all sectors of Ireland’s property sector of the Irish economy and real estate market, with sectors of the market that …

What are the essential banking services open during coronavirus lockdown?

The past couple of months, Coronavirus, COVID-19, social distancing, lockdown have become terms synonymous with our daily lives. This pandemic has been one of the worst the world has faced in over a century. However, this viral outbreak has expedited the digital transformation of the country, indirectly helping the Digital India vision.

With the World Health Organisation (WHO) and the Reserve bank of India (RBI), encouraging cashless transactions to fight the spread of COVID-19, getting onboard with digitization is the way forward.

To survive the present circumstances, it’s pivotal for small and micro-retail enterprises to adapt to the changing digital ecosystem. Companies such as Pay1 have been important in aiding the essential service sector workers, the mom & pop stores, and the Kirana store operators with digital, financial, and business solutions.

Pay1’s Merchant app is a one-stop-shop for small shop owners, with a wide array of services ranging from recharges, domestic and Indo-Nepal money transfer services, utility bill payments, cash drop, micro-ATM, micro-loans, PAN card, insurances, travel bookings and many more.

During these trying times, Pay1’s is also providing the Pay1 On Duty Sticker, letter, and government order certificates issued by Pay1 which is helping small retailers keep their stores open in all zones.

The impact of this pandemic has affected all stakeholders across sectors of the economy, and the way to overcome this is by adapting and incorporating technology. Players such as Pay1 continue to play an instrumental role in this digital transformation of the country.