Best Digital Payment Options For Small Business & Merchants in India

Best Digital Payment Options For Small Business & Merchants in India
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Best Digital Payment Options For Small Business & Merchants in India – In today’s time, the facility of online payment is being available in almost all small and big shops. Although it has not developed much in the villages so far, but in any big city, online payment can be made at any tea shop, grocery store, clothes shop, medical store etc.

Read Also : What Is Barcode And QR Code?

Due to this, many people have stopped carrying cash and make all payments online. If you are running a small business and are looking for a good Digital Payment Option, then in this article information about Best Digital Payment Options For Small Business & Merchants in India is being given.

Best Digital Payment Options For Small Business & Merchants in India

Different types of digital payment facilities are provided in different states and different cities. Although there are many such places where you will not get the facility to make digital payment, there can be many reasons for this. If you are running a small business and want to accept Digital Payment by customers, then for this you need a good Digital Payment Service.

In today’s time, almost all digital payment service providers are providing the facility of UPI transfer through QR code, through which you can make digital payment by scanning the QR code from any UPI application. There are many such Digital Payment Service Providers in India who provide Digital Payment to the people. That is why in this article we are going to give you information about the 5 best digital payment options for small business in India.

Why Make Digital Payments ?

After China, India has the largest number of Internet users, whose number has exceeded 700 million. The biggest reason for this is that many telecom providers are now providing data at a low cost, due to which people are becoming active in social media and mobile payments. Many people in India pay online every day and due to this, they get rid of the hassle of carrying cash.

To promote digital payment in India, NPCI launched UPI, due to which even less intelligent person can make UPI payment very easily. The number of people making UPI payments is increasing day by day and it will continue to increase in future also. At present, a lot of work is being done online, for which online payment is also required. UPI was launched at the time of demonetisation in 2016, since then it is increasing day by day.

Best Digital Payment Options For Small Business & Merchants in India

Paytm For Business

Paytm is the most popular wallet service provider in India. If you are running a small business then you can download Paytm For Business App and create merchant account through it and can also order All in One Physical QR Code. Due to this, any person can make online payment by scanning the QR code through any application. Along with this, All-in-one POS, All-in-one POS, All-in-one PG can also be taken in this.

Google Pay For Business

Google Pay is considered to be the most popular application for UPI payment in India. Paying through this application is very easy and you also get various types of cashback and offers. If you are running a small business and looking for an option to accept Digital Payment, then Google Pay For Business can prove to be the best option for you. In this, any customer can make UPI payment through QR code or mobile number. It accepts payments from more than 80 BHIM UPI App users.

PhonePe For Business

PhonePe is a subsidiary of Flipkart that provides the facility of money transfer and online payment through UPI. In terms of UPI Payment market share, it comes second only to Google Pay in India. Through this, you can easily transfer money to any person through UPI. Recently PhonePe has launched PhonePe ATM through which you can withdraw cash through your nearest grocery store.

If you want to have Digital Payment Option for your business and want to accept Digital Payment from customers, then PhonePe For Business can be a better option for you. If a customer wants to pay you through UPI, then he can pay you from any UPI app by scanning the QR code or entering the mobile number.

BharatPe For Merchants

BharatPe For Merchants is a very fast growing digital payment service, which has been developed in India. Through this also you can make offline QR payment to any person. The best thing about this app is that when a customer makes a payment by scanning your QR code or entering your mobile number, it will be settled in the account immediately.

Along with this, it will also be told by speaking on your mobile that how much money has been received. Not only this, the facility of taking loan for small business is also available in this.

BHIM SBIPay For Merchants

It is a digital payment service offered by State Bank of India to its customers. If you are a State Bank of India customer then you can create its merchant account and print the QR code. By scanning this QR code, any person can make online payment through UPI.

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