Question
Which bank has launched 'MicroPay', first pocket-sized
swipe machine of India, based on 'Pin on Mobile' technology for accepting digital payments along with Ezetap by Razorpay and MyPinpad as the technical solution partners?Solution
Axis Bank has launched 'MicroPay', first pocket-sized swipe machine of India, based on 'Pin on Mobile' technology for accepting digital payments. The bank launched 'MicroPay' along with Ezetap by Razorpay and MyPinpad as the technical solution partners.The newly launched technology converts a merchant’s smartphone into a Point-of- Sale (POS) terminal to simplify digital payments. It offers them a cost-effective means to accept payments through card, UPI, BQR-code etc., while maintaining the highest security standards.
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