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Payworld plans big investment to open three lakh outlets in three years

Leading electronic voucher distribution services provider Payworld announces that they are planning to invest Rs 100 crore to expand its retail footprints. The company has chalked out strategy to open three lakh outlets in three years. Promoted by Sugal and Damani Utility Services, Payworld lets even non-tech savvy consumers to recharge their mobile phones, pay for their DTH, railway reservations, utility bills and send money to any bank account in India through its retail touch-points in more than 800 cities across 18 states.  Such big move of the company towards retail expansion will be an added business opportunity for the signage companies dealing in in-shop designs, displays and related jobs.

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