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
A mobile app solution for merchants to accept payment via UPI