Axis mVisa-Merchant app is for the consumption of Axis Bank Merchants only. It is a QR code based payment solution which offers a hassle free, secure way to receive payments from your customers. It is a unique solution without the traditional Point of sale device where your App becomes your POS. QR code can be generated by this App in two ways:
A unique QR code for each of the transaction by entering the amount
A generic QR code which can then be scanned by your customer to make the payment
This app would benefit you in a number of ways:
Your app becomes your PoS device where you can accept Debit Card/ Net-banking payments. Hence there is absolutely no set-up time/cost.
You can offer services to those customers also you dont have enough cash or are not carrying their Debit card
Payments through this app will be credited directly to your account, hence decreasing your bank visits
No cash handling costs if you are the merchant accepting through Axis mVisa-Merchant App
Real time access to transaction records and sales history