A Mobile Application based solution for Payment Acceptance by Merchants
IDBI Bank e-Swipe is a solution (Digital POS) for Payment Acceptance by Merchant via Mobile App instead of Physical POS. This app enables merchants to accept Card, QR and UPI transactions, Cash sale. Merchant should have an NFC enabled Android device with support of Android OS v10.0 and above, data enabled SIM Card/Wi-Fi connection to avail NFC based services. Merchant instantly can activate IDBI Bank e- Swipe app (one time activity) and sets a personalized MPIN by validating OTP which leads to a device binding and also serves as merchant’s consent for on-boarding & it’s associated operational activities. On successful generation of MPIN merchant can immediately start accepting collection in account.
Benefits of e-Swipe:
> Collecting amount from the customers through UPI, Bharat QR, Cash Sale. > For card transaction and “Tap & Pay” transactions merchants should have NFC enabled Phone. > Cash sales can be recorded digitally along with generation of cash receipt. > KHATA Book to receive collection on credit. > Voice notification available on every successful transaction. > Performance screen showing transactions volume graph.
