Every provision store, mobile shop and STD booth in Salem is sitting on an extra ₹10,000 – ₹20,000 of monthly income — if the owner activates a Retailer ID. This guide explains exactly what a Retailer ID is, what services you can offer, and how the commission actually adds up.
What Is a Retailer ID?
A Retailer ID (sometimes called a Business Correspondent or Grahak Seva Kendra) is a login given by a licensed institution that lets a small shopkeeper offer banking, bill payment and digital services to customers, earning commission on every transaction.
Services You Can Offer With One Login
- AEPS — cash withdrawal using Aadhaar + fingerprint
- Aadhaar Pay — accept payments from customers who have no card or phone
- DMT — send money to any bank account in India
- Mobile / DTH recharge
- BBPS — electricity, gas, water, LPG, insurance bill payment
- PAN card application and correction
- Micro ATM — card-based cash withdrawal
Realistic Monthly Commission Example
| Service | Transactions/month | Avg commission | Monthly earning |
|---|---|---|---|
| AEPS withdrawal | 300 | ₹8 | ₹2,400 |
| DMT | 200 | ₹15 | ₹3,000 |
| BBPS bill payment | 250 | ₹6 | ₹1,500 |
| Recharge | 500 | ₹4 | ₹2,000 |
| PAN application | 15 | ₹100 | ₹1,500 |
| Micro ATM | 150 | ₹10 | ₹1,500 |
| Total | ₹11,900 |
What You Need to Start
Aadhaar, PAN, a photo of your shop, one address proof, a smartphone or laptop, and a biometric device (₹2,000 – ₹3,500 one-time). YoursPay activates your ID typically within 48 hours.
Extra Benefit: More Store Footfall
Customers who come for AEPS withdrawal or bill payment often buy groceries too. Most YoursPay retailers report a 15-25% jump in provision-store sales after activating a Retailer ID.
How to Apply
Fill the enquiry form on the Retailer Franchise page or WhatsApp our team. A field executive from your nearest branch visits your shop, verifies documents and activates the ID.
Frequently Asked Questions
Do I need a shop to become a retailer?
A fixed premises helps — customers need to know where to find you. Home-based retailers are also allowed, but earnings are usually lower without walk-in traffic.
Is there any monthly fee?
No monthly rental at YoursPay. You pay only a one-time onboarding fee and the cost of the biometric device.
How fast is commission credited?
Most commissions settle to your wallet within 24 hours. You can withdraw to your bank account daily.
Talk to a YoursPay advisor — visit our Hasthampatti head office in Salem or call +91 98945 76238. First consultation is always free.