0.70 (0.07%) HDFC Bank has launched SmartHub Vyapar Merchant app, a comprehensive payments and banking solution designed to fulfill the everyday business needs of merchants. SmartHub Vyapar facilitates instant, digital and paperless merchant on-boarding for HDFC Bank customers and allows merchants to accept interoperable payments across multiple payment modes which include Cards - Tap & Pay, UPI and QR code. Merchants can also accept remote payments by sending a payment link over mobile or email to facilitate non face to face collections.
Payments received through UPI can be instantly credited to the bank account ensuring merchants get immediate access to sales receipts. To reduce merchant anxiety around transactions, SmartHub Vyapar has been provisioned with an inbuilt voice feature informing the merchant of successful transactions, doing away with the need to track transactions through any other means including the need to have a separate device to receive voice-based notifications.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.