PayWell is an organized retail approach by CloudWell Limited, focusing on providing convenient payments and value added services to major consumer service organizations in the utility, telecoms, healthcare, financial services, transport, retail, e-commerce, gaming and public sectors in Bangladesh. PayWell intends to deliver payments and services through a uniquely strong combination of local shops, internet and mobile distribution channels and it welcomes you to join the family.
PayWell acts as one-stop shop for organizations with large numbers of customers who want to pay them in cash to have their payments made in friendly, conveniently located local shops opening long hours. Efficient processing of the high volume of transactions these organizations require makes the PayWell network attractive to them, while retailer like you who will operate the PayWell terminal will enjoy regular repeat customer visits to your shop and higher sales.
Benefits To You as a PayWell Retailer
Multiple Services on One Platform
Choice of methods to Deliver Services
Real time delivery
Single Point of Contact for your Business
Single Prepaid Account leading to Better Fund management
Dedicated Technical Help Desk & Customer friendly Care Center
Dedicated Relationship team
What can I sell?
Mobile Banking Services
Popular mobile banking cash-in/cash-out/merchant payment acceptance facility
The activity starts with you that operate a retail store i.e. pharmacy, restaurant, sweets shop or even a stationary shop. You will sign up with CloudWell a.k.a PayWell as a retailer, the PayWell relationship officer will collect the enrolment fee and initial prepaid credit balance (that will be used for selling services). You may deposit the credit balance to any of our bank account (e.g. BRAC Bank/HSBC/Islami Bank). The PayWell team will also arrange and set up necessary communication materials like outdoor and indoor shop signs, banners etc as suitable to your store.
Based on your requirement, PayWell deposits money to Telco’s bank to purchase prepaid stock
Telco accounting team validates and confirms their distribution team about the deposit
Telco distribution team allocates stock for PayWell’s retailers in favor of PayWell
The stock becomes available for the retailer at the Telco system
The subscriber visits your store and shows his intent to purchase airtime or any other service that are within PayWell’s scope
The retailer receives the money and initiates an order through our POS terminal by entering amount, type of connection, mobile number etc.
The request comes to PayWell system through a secured VPN line. Once the order is received, PayWell system checks the authenticity of the request, validates the your current balance and passes the request to the Telco for recharging the mentioned mobile number
Upon validation, The Telco recharges the subscriber’s mobile with the requested amount
To know your detail recharge report, a login access to our secure portal will be provided to you where you can see your current balance and also date wise report of the recharge transactions you made.