IDFC Bank has tied-up with TCS Merchant Pay to on-board merchants onto a digital payments platform that enables funds to be transferred into the shopkeeper’s account using multiple channels, including Aadhaar Pay. It is the first bank to use this platform, which has the ability to service all types of customers including those with phones, cards, and those without phones.
TCS Merchant Pay is a universal payments platform that supports all payments infrastructure (BHIM Aadhaar Pay, Unified Payments Interface, cards/Bharat QR).
IDFC Bank is a universal bank, offering financial solutions through its nationwide branches, internet and mobile.
