Bharat QR is a cost effective and secure method and enables merchants in accepting digital payments without the Point of Sale (POS) machine.
Equitas Bharat QR allows any customer to scan QR code by using their smart phones enabled with apps supporting Bharat QR and complete the transaction .
- Helps in minimizing cash/Loose change issues
- No Monthly Rental
- No Investment
- Accept Payments between banks
- Addresses loose change problems
- Smart check-outs
- No requirement of swiping Debit Card / Credit Card for making the payments
- No rentals to Merchants and Low MDRs in comparison to POS
HOW DOES BHARAT QR WORK?
1. QR will be placed in the merchants outlets
2. Customer can pay by scanning QR code
3. Merchants gets their payments directly to their Bank accounts