TOP Card Swiping Machine Providers In India To Accept Payments

Published by - OnlyPOS on June 17, 2022

India is rapidly moving towards digitization and in the past five years has come a long way from cash payments to digital payments. There was a time when in India dominant mode of payment was in cash. But, after introduction of digital payment options people have shifted from paying cash to paying online.

Today, people don’t like to hear ‘Sorry, we don’t accept cards’ when they go shopping. So, if you run a business then make sure you install a digital payment method at your counter for your customers’ convenience.

Choosing a right card swiping machine can be a daunting task. Of course, when you have to invest you always worry about the worth of the product. No matter how small or big your business is a right POS system will take you a long way and help your business grow. Now, you must be confused about how to choose a card swiping machine that would suit your business? That’s why we are here. In this article, we will discuss best card swiping machine providers in India in detail and know the features and affordability.

Before talking about the providers let us get some basics clear:

WHAT IS A CARD SWIPING MACHINE AND HOW CAN IT HELP YOUR BUSINESS?

We all have seen a card swiping machine at retail stores, shopping centers, etc. every time we go shopping. A card swiping machine allows you to pay for your purchases using your credit or debit card directly. So you don’t have to carry cash while roaming or going out for shopping. The machine offers secure payment gateway without any additional charges to the customer (if not implied by the bank).

Installing an online payment mode in your business can help it grow multiple folds. Customers will prefer to visit your shop time and again knowing that they can pay quickly using their cards. It helps you manage checkout counter faster than ever. Also, it helps our country to go digitized.

Now that you know the basics let’s move forward and discuss various card swiping machine providers online in India.

1) Ezetap

One of the leading online payment solution for small, medium, and large businesses Ezetap is a smart solution that offers direct payment accepting at customers’ doorstep. You don’t need a separate hardware like card swiping machine as you can turn your smartphone into one. Ezetap transforms your smartphone into digital payment terminal.

Ezetap also ventures in hardware solutions. The hardware are compact, sturdy, and suitable for companies requiring fieldwork. With Ezetap you can transform your business’ working operations and provide better customer services too. Ezetap’s services has received praise from top financial institutions like Citibank and Bajaj Allianz. Evolve and grow your business by shifting towards digitization using Ezetap.

2) mPOS by ICICI Merchant Services

Accepting electronic payments has gotten much easier now with ICICI merchant services. Use the latest and advanced e-payment solution using mPOS that works wirelessly. You don’t even need to invest a lot of money and time in the ICICI merchant services. Just download the mPOS app in your smartphone, connect your smartphone to mPOS using Bluetooth, swipe the credit or debit card on mPOS and complete the payment successfully.

The electronic transactions made via ICICI merchant services are safe and secure as they are encrypted and no data is stored on the mPOS device or your smartphone. You can keep track of reports and all the transactions you carried out from the records. ICICI merchant services was launched in 2009 in alliance with First Data and is serving more than six million small, medium, and large businesses.

3) HDFC Merchant Services

With HDFC Electronic Data Capture device (EDC) you can improve your customer services by offering electronic payment solutions using HDFC’s merchant services. The use of mPOS has proven to increase productivity and profits of a business. You need to download the mPOS app in your smartphone and get a card reader. Connect the credit card reader to your smartphone using Bluetooth and you are good to go.

The payment is fast, secure through encryption, and reliable. You can download the app, register with your basic information, and once your account gets verified you can start accepting payments. HDFC merchant services offers unique experience for you and your customers.

4) mSwipe Solutions

Setup mSwipe solution for accepting all kinds of payments including debit and credit cards, RuPay, VISA, MasterCard, and American Express. This e-payment service is an affordable and effective solution and is approved by MasterCard mPOS with a certification from VISA Ready. It is considered to be the most secure payment gateway option and exceeds industry’s standard.

The mSwipe users don’t need to open a separate bank account as the funds are transferred to your account directly via NEFT. Save paper and send the transaction receipts directly on your customers’ mobile. You have to pay monthly rental of Rs.350 and initial setup fee anywhere between Rs.2000-6000 (depends on your plan).

5) Ezee Pay Services

Ezee pay services is one of the most secure, reliable, and fastest electronic payment mPOS solution. It offers real time payment transfer option and you can transfer the funds just by entering the receiver’s number and amount anytime, anywhere. You can also book your bus tickets over 4500 routes.

Ezee pay offers multiple payment options and you can pay bills, purchase tickets, recharge your phones and what not. This online payment solution takes care of your all transactions so you don’w have to carry around and pay in cash everywhere. Just open the Ezee app and pay where needed.

6) Axis Bank Online Payment Solution

Forget the hassle of ‘limited cards accepted’ problem as now you can initiate payment of all types of credit and debit cards including Maestro, VISA, RuPay, MasterCard, Diners Club, Discover, etc. You can also transact domestic as well as international cards and its unique feature is it offers currency conversion facility.

Always keep track of all the payments, transactions from the records and if you face any issue you can always contact the support team. Axis bank has brought this unique online payment solution to take care of your business. No need for a PIN for transaction below Rs.2000.

7) SBI POS Terminals

SBI offers numerous point of sales terminal options each having its own purpose, features, and uniqueness. You can opt from options like PSTN, mPOS, ECR based terminals, NFC enabled, desktop GPRS, etc. The SBI POS terminals are ultra-secure and protect you from theft. It works seamlessly for merchants, thus, boosting their sales and increasing the profits and productivity.

State Bank of India is one of the oldest and most trusted bank of India and is known for its best services. If you have any query you can contact the support team 24/7. There are no hidden service costs and no ‘minimum balance’ restrictions.

8) PayUmoney POS

Acquiring an mPOS has never been easier. To get PayUmoney all you need to do is submit a cancelled cheque and copy of your PAN card that’s it! Once your documents are verified you can start accepting online payments too. This payment service does not require minimum balance limit and you can connect your existing bank account directly to the payment gateway.

Get wireless internet connectivity through network service provider of your choice. With PayUmoney you can pledge and do your bit in saving paper and send transaction receipts directly to customer’s mobile. Thus, saving money, resources, and environment. This payment service requires you to do a one-time recharge of Rs.8,500. After that you don’t have to pay monthly rental like other electronic payment services.

9) PayTM POS

Paytm is one of the leading online payment platform in India known for its numerous amazing services. You can book tickets, make recharges, pay bills, send money, and much more through Paytm. Now this leading platform has launched Paytm POS for its customers’ convenience. If you don’t want to invest in a separate POS machine then know about Paytm POS.

Simply open the Paytm app then click on Accept Payment and then select the Accept Payment from Debit and Credit Card option. Once selected you will need to enter the transaction amount and customer’s mobile number. The customer will then receive Paytm link which the customer has to use to pay through Debit/Credit card or net banking method.

There are no additional costs for using Paytm POS and you get to accept payments without any additional hardware.

Contact us for any POS Hadware & Software Requirement.

Conclusion

India is rapidly moving towards digitization and now small, medium businesses are also considering electronic payments as the safest and fastest way to accept payments. Customers also prefer paying through their card instead of cash. If you are a merchant then this is the right time to equip yourself with the best card swiping machine in India. We hope our article helped you get an idea about the different types of options you can choose from. Select from the given options the one which suits your business and your budget the most.

Published by - deleted-5NKHmxI6 on April 5, 2023