FinXpay Digital Payment Services allow retailers to accept payments in different ways, from debit cards, to generating a QR Codes. The payment methods are robust, efficient and secure.
The best way to take payments from your customers. A customer needs his Aadhaar number and his presence at the counter. The Micro-ATM comes with a biometric scanner which enables the authentication. If a customer wants to make payment, then he/she just needs to enter his/her Aadhaar Number in the Micro ATM, scan his/her finger on biometric scanner attached to MicroATM and select the bank from which the payment is to be made. Upon entering the Aadhar Number, the system would automatically fetch the bank account linked with the customer’s Aadhaar number and debit the bank account just like debit card or Bharat QR code.
A receipt is printed for each transaction. Just like debit card receipt, Aadhaar number is masked on the receipt with only few digits shown in receipt with balance masked by printing a * for masked digits. Currently the government is incentivizing this category.
Like Bharat QR, UPI is a service that merchant can use to directly receive payment from the consumer to his bank account. The machine is integrated with the dynamic UPI QR code unique to the merchant. A customer needs his bank mobile app and can make payments in just a click.
The most striking feature is that there is no need to enter bank account details such as account number, IFSC code, normally while making the transfer. Only details required for funds transfer is the payment amount.
Bharat QR code is a Universal Interoperable QR Code for payments supporting VISA/MasterCard/RuPay credit card/debit cards on customer smartphone without carrying and swiping physical card. With Oxigen Micro-ATM, enhanced version of Bharat QR Code is made available to our merchants where merchant enters payment amount and each time the display shows a unique Bharat QR Code which includes also amount of payment.
Customer simply needs to scan this QR code from the smartphone and use his MPIN/Password/Touch-ID as defined by their bank to authorize payment for VISA/MasterCard/RuPay Debit/Credit cards. With FinXpay Micro-ATM, the merchant need not display the standard Bharat QR code on his shop which does not include payment amount in the QR code information and may lead to incorrect payment amount entered by the customer.
