IDBI QR POS

IDBI QR POS: A mobile application based solution for payments acceptance by merchants through UPI. IDBI QR POS is a mobile-based payment acceptance solution that enables merchants to collect payments seamlessly through UPI. It is a hassle-free Point-of-Sale (POS) application offered by IDBI Bank Ltd., allowing merchants to accept digital payments anytime, anywhere, 24×7. Any individual or non-individual business entity who conduct commercial business and maintains an operative account with IDBI Bank is eligible to avail IDBI QR POS services. Key Features: 1. Turn your smartphone into a payment acceptance terminal 2. No separate hardware required 3. Accept payments via all UPI apps (Bank & Third Party) 4. Generate dynamic QR codes for specific amounts 5. Share QR through WhatsApp, email, etc. 6. Accept eligible eRUPI voucher 7. Secure platform compliant with NPCI and regulatory guidelines. Merchant Benefits: 1. Zero setup cost 2. Real-time credit of funds to merchant account 3. Accept payments from apps like PhonePe, GPay, BHIM, WhatsApp Pay, etc. 4. No need for a separate settlement account 5. Create multiple collection points across stores and locations 6. Instant transaction alerts via SMS 7. Easy access to transaction history for tracking and reconciliation