Spice Money, a business unit of Spice Digital, uses unrivalled technology to enable next door kirana store to function as a 'MINI BANK' Branch. We are one of India’s largest tech-enabled Hyper Local Payments Network offering various services like Cash Deposit, Cash Withdrawal, Balance Inquiry, Bill Payments, Aadhaar Enabled Services, Air Time Recharge, POS Services, Railway Ticketing Services etc. through our authorized agents.
Our endeavour is to bridge the gap between the served and the un-served, providing banking services to customers at their doorstep. We are a one-stop solution for providing seamless financial services.
Our Focus is primarily on Financial Inclusion – with our Deep presence in “Bharat” with nearly 85% of the 70,000 Customer Service Points in semi-urban and rural India.
Our USP is our inherently Strong tech DNA with a scalable, modular and secure platform architecture, which helps offer a significantly superior User Experience and Enabling Solutions. We essentially have a very strong hold and a significantly dense footprint in BIMARU states – 66% footprint in Bihar, Jharkhand, Madhya Pradesh, Rajasthan, Chhattisgarh and Uttar Pradesh, accounting for 40% of India’s population.
Spice Money holds various licenses like Prepaid Instruments License (PPI) & Bharat Bill Payment System (BBPS) (from Reserve Bank of India), etc. We are a CMMI level 3 compliant and ISO 9001 and 27001 certified company.
We have created a ‘Cloud Infrastructure’ with cutting edge technologies to empower our 100,000 + VLEs (Village Level Entrepreneur) with product and services pertinent to them and the customers. We are committed to providing our customers and agents best financial services with our proven expertise.
Having created One Lakh Entrepreneurs, managing transactions worth USD 2 billion, we serve nearly 30 million consumers annually.
Spice Money Bestowed with NPCI Excellence Award - 2018