Mobile Payments - Go Cashless

POS Machines PoS or swipe machine is a reliable technology used by merchants to carry out transactions without any cash. The government had ordered banks to install more than three lakh POS terminals in between December 2016 to March 2017. As a result, we have witnessed a surge in the number of POS machines installed across the country. Now, customers just need to swipe their debit/credit card to make the payment, and this makes the entire process comparatively faster and secure. Today, we are going to discuss what POS is and how you can get one for your shop too. What is a PoS terminal? The PoS terminal also referred as a point-of-sale terminal is an automated replacement for the cash register. The machine can process debit and credit cards, and the customers just have to enter the PIN number associated with the card. It has minimized the work for merchants since its an automated payment system. How to install one? Most of the banks are providing PoS machines and if you want one for you

The transition from traditional payment methods to UPI payments might be slow, but still, the country is under a remarkable economic revolution. The reason being not all the people are aware of this digital payment gateway, mainly because its new. A simple search on Google Play will produce several UPI apps, but not all of them are good and thoroughly secure. To help you out, we are going to discuss some of the highly trustworthy and efficient apps that can be on your smartphone. Here are 5 Best UPI Apps in India that are best suitable for digital payments: 1. BHIM UPI App Backed by the government, BHIM was developed and created by NPCI. With just a few clicks, you can transfer money from one bank account to another. There are three ways to transfer money - mobile number, QR code, and VPA. To make a transaction, you just need a mobile number and PIN. The BHIM app also has a feature which allows users to request money. Earlier, the app was available on Android only, but recently it has

Unified Payment Interface (UPI) is a mobile based payment program which lets you do the financial transaction without using your card or bank account details each time. To use UPI, you will need a Virtual Payment Address (VPA) which is like an email ID. Just provide your VPA on every transaction, and the amount will be instantly debited or credited respectively from the account. Download UPI app from Google Play store and App StoreEvery bank has a separate UPI app which can be downloaded from Google Play Store and Apple App Store. Registering for UPI app is extremely easy and simple. Follow the steps below to know the process: Download the banks UPI app from the Play store Install the app on your smartphone After installation, open the app and click on registration Enter your bank details and mobile number for once and for all Based on the above details, your UPI ID will be created Use the UPI ID to make or receive payments Features of UPIUPI app comes with many amazing benefits to help y