How to accept payments using Indus Merchant Solutions App
Posted on Thursday, February 9th, 2023 | By IndusInd Bank
Digital transactions have revolutionized the payments landscape in India. The era of demonetization and the Covid-19 pandemic nudged the business sector to shift to cashless payments in order to survive. With this, both the merchants and customers got to experience the convenience associated with digital payment solutions. The ease of conducting financial transactions with just a tap has motivated the consumers to go digital. They no longer need to carry cash or even queue up for ATM withdrawals. Since customers are rapidly switching to cashless payment methods, your business should be equipped to cater to their payment preferences.
The importance of multiple payment solutions
As a business owner, you need to keep your customer’s preferences above yours. If a merchant who still prefers cash payments does not offer digital payment options to its customer, it is likely that they will have lesser repeat customers which may impact the business. This is because the customers will see making cash payments as a time-consuming task. To avoid this, you can give your customers the freedom to pay with a method they prefer via Indus Merchant Solutions App.
Accepting payments via Indus Merchant Solutions
Indus Merchant Solutions App is an All-In-One mobile banking app for business owners though which they can collect, track & manage payments seamlessly with features like auto-settlement of funds and a digital ledger. You can also place service requests such as reset debit card pins, report discrepancies, send cheque book requests using the app. In addition to this, the IMS App also offers multiple payment solutions so your customer can make payments the way they want!
Our payment solutions include:
- POS device for accepting card payments
- QR code for collecting UPI payments
- Payment Links for collecting payments remotely
- Soundbox for real-time audio confirmation of payments
Accepting payments via POS device – Our POS device is a highly advance and completely secure payment accepting machine. With a POS device, you can accept all kinds of credit and debit card payments, issue payment receipts and maintain transaction records.
Order a POS device with Indus Merchant Solutions App to accept:
- Debit Card Payments
- Credit Card Payments
- Payments from contactless cards with ‘Tap & Pay’
Accepting payment via QR Code – You can accept UPI payments in a hassle-free manner via QR Code. Your customer will simply scan the QR Code with any UPI enabled app, enter the amount, confirm the PIN and the funds will be transferred to your account. QR Codes are extremely useful when your customer is forgets carrying their cards because the payment can be made from phone itself.
Accepting payments via Payment Links- With Payment Links, you can collect payments from your customers even if they are not at the store! You can send a payment link to the customer on chat, email, or even social media. When your customer clicks on the link, he/she will be redirected to a robust and secure payment gateway. Here, they can pay via UPI, or through cards via internet banking.
Instant audio confirmation of payments via SoundBox – Apart from accepting payments, you can also enjoy real-time confirmation on receiving digital payment from the customer with our SoundBox. Choose from 11 regional languages and don’t let any sale go unnoticed during peak working hours. IMS SoundBox is also packed with a mega 2,600 mAH battery which gives up to 3,000 audio confirmations in one single charge!
How to order a POS device/SoundBox/QR Code
If you are an existing current account holder with IndusInd Bank, you can simply download the Indus Merchant Solutions App, select your current account and set your MPIN to start using the app. If you want to open a current account with IndusInd Bank, you can do so from anywhere, anytime via a fully digital process!
To place an order for SoundBox/POS machine:
STEP 1: Click on Service Request
STEP 2: Click on Merchant Service Requests
STEP 3: Request for an additional device
STEP 4: Select the SoundBox/POS Device of your choice
STEP 5: Place your order!
If you still haven’t switched to IMS, now’s the time! DOWNLOAD NOW and take your business to new heights.
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.