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: • Turn your smartphone into a payment acceptance terminal • No separate hardware required • Accept payments via all UPI apps (Bank & Third Party) • Generate dynamic QR codes for specific amounts • Share QR through WhatsApp, email, etc. • Accept eligible eRUPI voucher • Secure platform compliant with NPCI and regulatory guidelines. Merchant Benefits: • Zero setup cost • Real-time credit of funds to merchant account • Accept payments from apps like PhonePe, GPay, BHIM, WhatsApp Pay, etc. • No need for a separate settlement account • Create multiple collection points across stores and locations • Instant transaction alerts via SMS • Easy access to transaction history for tracking and reconciliation