Domestic Money Transfer

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Nitspay Domestic Money Transfer Service

DMT is a cash-to-bank-account remittance service provided by business correspondents. A retailer can provide Nitspay’s domestic money transfer (DMT) service from his shop and help customers transfer money to their loved ones across the country. They can remit funds to any nationalised and private banks that operate in India and support NEFT/IMPS.

Nitspay offers hassle-free and instant domestic fund transfer service for the migrant and unbanked population via its robust network of 6 lakhs+ agents across India.

Benefits of becoming
Nitspay DMT service provider

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Real time
transaction
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Money transfer
available 365 days
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Secure and
encrypted network
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Attractive
Commission
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Transfer funds to
any bank in India

What Our Retailers Say

Frequently Asked Questions

By becoming a Nitspay agent, any retailer can become a DMT agent and start providing domestic money transfer services to their customers. Retailers will just have to use the Nitspay agent app or portal to transfer their customers’ money to any bank account in India. Additionally, a retailer can earn extra income in the form of DMT commission which he gets on every money transfer transaction.

A DMR (Domestic Money Remittance) agent using National Electronic Fund Transfer (NEFT), Immediate Payment Service (IMPS) can send his customers’ money to all major nationalised and private banks based in India like SBI, PNB, ICICI, HDFC, Canara etc. A list of member banks providing IMPS/NEFT service is available at https://www.npci.org.in/what-we-do/imps/live-members

Just like the micro ATM and AePS service of Nitspay that allow customers to withdraw cash instantly, the domestic money transfer facility of Nitspay lets your customer transfer funds in a hassle-free and secure manner without any charges. They simply need to provide their mobile number and bank account details to transfer money.

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