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Mastercard, Axis Bank, Worldline launch digital payment solution for kiranas

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BENGALURU: Mastercard India, Axis Bank Ltd and payment service provider, Worldline India, have partnered to launch a digital point-of-sale solution, Soft POS, to help offline merchants and kirana stores accept payments using their smartphones.

The solution allows merchants to accept payments through various digital form factors including Bharat QR, sending payment links to customers and even accept NFC-based payments to boost contactless payments in the country.

The service will also offer features including E-Khata for reconciliations and recording store credit transactions, a cash register to record transactions at store and an Online Dukkan, where merchants can catalogue their products for consumers to make online orders for home

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