In a landmark move supporting India’s startup ecosystem, Paygic (Paygic Innovations Pvt. Ltd.) today announced zero-cost payment transactions for all startups officially recognised by the Department for Promotion of Industry and Internal Trade (DPIIT).
The initiative aligns with the Government of India’s ‘Startup India’ mission by eliminating transaction fees for early-stage, innovative businesses. This enables startups to reinvest every rupee back into growth, innovation, and market expansion, directly addressing a key operational challenge faced by emerging companies.
Eligible startups must hold an active DPIIT Certificate of Recognition, awarded to businesses working on product, process, or service innovations with high potential for job creation and wealth generation.
“Startups are the future of India’s economy, and we understand that every saved rupee is an investment in growth,” said Abhay Yadav, Co-Founder & COO of Paygic. “By offering zero-cost transactions, we aim to empower entrepreneurs to scale faster, innovate freely, and compete globally.”
Benefits for DPIIT-Recognised Startups Include:
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No Transaction Fees: Maximize revenue without paying payment processing costs.
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Enhanced Scalability: Unlimited transactions without financial limitations.
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Capital Reinvestment: Allocate funds to innovation, talent, and market expansion.
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Quick Onboarding: Simple and fast registration for verified DPIIT startups.
Startups can apply for this initiative directly through the Paygic website.
About Paygic:
Paygic (Paygic Innovations Pvt. Ltd.) is a leading Indian fintech company providing advanced UPI and digital payment solutions. With robust technology, fast onboarding, and 24/7 support, Paygic empowers Indian businesses of all sizes to transact securely, efficiently, and cost-effectively.
Contact Information:
📧 Email: [email protected]
🌐 Website: paygic.in
