Axis Bank, one of India’s top private sector banks, has introduced a groundbreaking payment solution called “MicroPay” in collaboration with technical partners Ezetap by Razorpay and MyPinpad.
MicroPay is a “PIN on Mobile” solution that transforms a merchant’s smartphone into a Point-of-Sale (POS) terminal, making digital payments easier and delivering a one-of-a-kind customer experience.
This solution will have a significant impact on businesses throughout India, particularly retail and kirana shops in Tier-2 and 3 cities that have limited working capital and require cost-effective payment options. Overall, MicroPay has the potential to revolutionize digital payments in India, and be a game-changer for small businesses.
You may also read this:
Find More News Related to Banking
Cloves are one of the most popular spices globally, valued for their distinct flavor and…
Singapore is a small island nation in Southeast Asia, known for its modern skyline, efficient…
Microscopy is the science of using microscopes to observe small objects that cannot be seen…
West Bengal Chief Minister Mamata Banerjee has launched the "Banglar Bari" housing scheme, a state-funded…
Real Madrid triumphed in the 2024 FIFA Intercontinental Cup, defeating Mexico’s Pachuca 3-0 in a…
Tom Cruise has been awarded the US Navy's prestigious Distinguished Public Service Award for his…