Seamless Payments for Every Store: Empower Your Business with Custom QR Codes for Single or Multiple Branches, Enabling Effortless UPI Transactions Across All Payment Apps.
UPI QR code is an interoperable, infrastructure-light digital payment platform that enables quick, secure, and easy payments at physical stores, websites, apps, and merchant locations. It is a UPI QR-based solution that allows digital payments across UPI QR-enabled applications.
Developed by the National Payments Corporation of India (NPCI), the latest model of payment that Indian businesses may use to accept payments from their customers directly into their account
Experience a hassle-free onboarding process with FIDYPAY's UPI/QR Code solution. Simply sign up and get ready to revolutionize your retail business.
To enable the UPI QR code for your business, merchants need to complete KYC before they can start using the UPI/QR product. This is done to protect both the merchant and the customer from fraud.
Once you have completed the onboarding and KYC process, you can start collecting payments using FIDYPAY's UPI/QR Code Product. To do this, you will need to generate a QR code.
Earlier, without QR codes, merchants had to return exact change for the cash payments their customer made for their purchases. In this way, the cash flow for the day gets disrupted. Therefore, for smaller and odd-amount payments, UPI/QR code is the best alternative.
Some merchants still relying strongly on cash payments are losing out on the evolution of the digital payment landscape of India. As more and more people are now conveniently making payments through UPI/QR codes, without it, many customers are turning down the opportunity to buy products from such stores.
Receiving cash payments for all purchases made it difficult for merchants to calculate their profits easily, as manual tracking can lead you to miss out on multiple transactions. With UPI QR-based solution, every transaction will be recorded in a specific database for you to access and create a report.
Useful at the Kirana or Retail Stores and Outlets: Your customers can pay for their purchases simply by scanning the BHIM UPI QR code at your Kirana stores. It enables seamless payments across bank accounts for all UPI users.
Used by SMEs, Small Merchants and Vendors: Accepting the UPI/QR code payments has made things quite easy for small merchants, SMEs and vendors. Vendors enjoy quick payment received through QR, and small merchants save money on commission by accepting QR code payments. Following that, the B2B payments also involved heavy processing fees, which can now be avoided through QR codes.
eCommerce Cash-on-Delivery Payments: When the delivery agents come to your doorstep to hand you over the Cash-on-Delivery orders, you request an online payment. They use a dynamic UPI QR code generator for creating a digital payment code, pre-set with an amount as specified.
Use by Business Correspondent: The business correspondents prefer using QR codes for facilitating the payment collections from the customers without the need for them to leave the house.
Explore the Power of QR Codes: Embrace Static and Dynamic Options for Seamless Transactions!
FidyPay is one of the best service providers for merchants, SMEs, vendors and other businesses to adopt digital payment & payout solutions. With our UPI/QR code solutions, your business will experience an immense hike in sales.
FIDYPAY provides a cost-effective solution for implementing UPI/QR code technology, minimizing expenses for merchants.
Conveniently manage customers and merchants remotely, enabling efficient operations from any location.
FIDYPAY's QR code generator works seamlessly with any UPI payment applications, ensuring compatibility and easy transactions.
Experience hassle-free payments with push-based transactions, eliminating the need for manual intervention and simplifying the payment process.
With FIDYPAY, there's no requirement to retain physical charge slip copies, offering a paperless and streamlined payment experience.
Businesses are using UPI QR Codes for Accepting payment digitally from their customers against the Good or Services sold from their stores or office.
Static UPI QR is also known as the open QR, which has the feasibility of accepting various payments without any fixed amount assigned to it. But, with dynamic UPI QR codes, a transaction code is generated for each transaction with a pre-defined payment amount.
Businesses with an offline presence with various franchises or branches can collect the in-person or in-store collections through the UPI QR codes.
You get payment notifications through SMS or on Merchant App instantly after the transaction is successful at the customer’s end. You can also subscribe to our Soundbox for Payment Notifications.
FidyPay has improved its technologies and is extending its help towards enabling business UPI QR code with digital payment solutions. We have numerous products and service solutions available for digitizing your business payments. For more queries or questions, get in touch with our team of consultants to help you with immediate resolutions and answers.