Everything about UPI integrated Point of sale

As we all know the world today is rich with new technologies. The payment section is one of the most important for all types of businesses. It should be the fastest and simplest. We can see the power of a powerful QR UPI payment when it is attached to a point of sale system. If your business is a retail shop or restaurant. An UPI integrated point of sale can help in its smooth running. It is very important to choose the right but powerful POS software.
Integrate UPI payments into your business, which can speed up your payment transactions. With a simple QR code, your customer can scan the code with their smartphone. and the money will automatically appear on their phone. and the money can be transferred to your shop’s account from the customer’s account.
You can save on the cost of making payments to a bank when accepting payments from customers using a swiping card machine.
The customers can pay money through a UPI-enabled app. The integrated POS system offers a new way of instant payment credit to a merchant’s account. This is different from other digital paying modes such as cards and M-wallets.
integrated dynamic QR Based UPI payment to your customers. and avoid double handling of payment confirmation. It is one of the main benefits of a QR-based UPI.

How it works

When discussing the need for an integrated UPI we should also know how it works.
When a customer wants to make a payment through the Unified Payments Interface system. the merchant has to select the ‘UPI Payment’ option under the POS terminal. and pay the transaction amount.
Enter the amount to be paid by the customer in the point of sale machine. and then the QR code will be loaded automatically and the customer can easily scan the QR code through any mobile-based UPI apps using QR code.
When scanned, the QR code automatically transfers the transaction details associated with your UPI application. and requests approval for the money transfer.
Once you approve the transfer (using PIN). money will be immediately transferred to Merchants linked bank account from the customer’s bank account.
Then the POS machine will get a confirmation message and generate a transaction receipt.
If there are errors such as non-transfer of money or incomplete transactions. there is no need to worry as the transaction will be canceled automatically. You can repeat this process

A powerful system

• Sales amount automatically filled in customer UPI app

• Automatic payment confirmation

• No need to check customers phone for payment confirmation

• Better customer experience

• Auto reconciliation

• Fast checkout experience

• Increase accuracy & save time

Benefits of integrated UPI

• It is very fast and simple to use, you can pay money at any time.

• Does not need to share or store any sensitive information related to the account

• If there is any error such as non-transfer of money or incomplete transactions. the transaction will be automatically canceled. And you can proceed again

• No need to carry cash or use ATMs. You can use a QR code and make a quick payment.

• Does not need any extra hardware. You can use CDS (customer display screen) app on your mobile or tablet to show QR Code and promotional offers to your customers.

• Your customers can pay a bill via any UPI authorized app.

conclusion

As we discussed above the integrated UPI with your point of sale system will help your business. This is a very useful system that is different from traditional payment integration. UPI is when integrate with your point of sale system Its lordship is nearing completion. Whether your business is small or large, this system is also suitable for your business. By reading this blog you will have mastered what points you should pay attention to when choosing UPI integrated point of sale software. That is what we mean.

The goal is not only to provide information but also to introduce you to the best POS system in the industry. You need Unified Payments Interface integrated point of sale software. that is very innovative and has a lot of features in this modern world. The service of an industry expert like LithosPOS will benefit your business. We are sure you will make the best decision. Because what you read is the blog of the best POS software providers.

You can also read our blogs such as QR Code menu for Contactless Restaurant Orderings, The Perfect POS Software You Should Use in 2021, Need For Supermarket POS Software, Choose the best retail POS system

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