17 October 2017
visit www.response.ncr.com

Chennai-based Bijlipay enables interoperable QR codes on POS screens

24 May 2017  |  2510 views  |  0 Source: Bijlipay

Bijlipay, an end to end digital payment solutions company, is the first Indian Point-of-Sale (PoS) devices providing company to enable Bharat QR code on the screens of its POS machines.

According to RBI, the Bharat QR Code is the world’s first inter-operable payment acceptance solution.

Jubilant on being the first in the industry, Mr. Pradeep Oommen, CEO, Bijlipay, said, “We have been providing secure and robust m-PoS machines which are certified on stringent European standards to aid the honorable Prime Ministers digitization drive. The intent is to make these POS machines smarter which as yet were used only for physical card acceptance. . We realized that in this transition from cash to cashless, there are various modes of payments for different people across geographies & demographics. A machine that enables various modes seems like the best solution to meet all needs. And hence as a first step, we introduced the much awaited Bharat QR code on our existing card swiping machines.”

Bijlipay firmly believes that it’s not just providing digital payments devices that will cultivate the habit of cashless-ness in Indians. It will take a lot more of handholding, education & awareness to see the actual conversions to digital payments in tier II-III cities. Hence, Bijlipay ensures that they provide for an end-to-end solutions involving demos, documentation, installation, training, risk profiling, reconciliation, settlement and analytics.]. It’s not the number of machines in the market that gives the true picture on digital payments, it’s the volume that each machine processes which sets the right parameter for a successful digitization of payments.

Bijlipay is poised for tremendous growth in digital payment space, and is planning to launch several digital payment solutions in the Indian market. Apart from acquiring solutions like m-POS & GPRS POS and ‘Swipe4Cash’ mini ATM products, Bijlipay also provides a best in class issuance platform for prepaid cards/ Forex cards/ Gift cards etc.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.com visit www.temenos.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14550 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13133 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
9011 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8002 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7661 views comments | 13 tweets | 13 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job