Who can benefit?
What is benefit?
You can increase your store sales turnover by allowing customers the convenience of payments via any phone based UPI-app like #GPay, #PhonePe, #PayTM, #Bhim , Bank apps etc.
You do not need to invest in any additional terminal/hardware to extend UPI-payments – your existing Innoviti terminals can be configured for dynamic-QR based #UPI acceptance.
You get unified reconciliation of all your payments acceptance modes like credit/debit cards as well as UPI. Save on reconciliation cost and effort.
How it works?
#UPI@POS is an innovative dynamic QR-code based solution which uses the store’s existing credit/debit card POS terminal to also enable UPI-based cashless payments.
When a customer requests UPI Payment mode, the Cashier simply needs to select the “UPI Payment” option on his existing card POS terminal and input the relevant bill payment amount. This triggers the generation of a dynamic QR-code on the POS terminal screen itself, which can now be scanned into any mobile-based UPI-app (like BHIM) being used by the customer.