CURRENT AFFAIRS : BANKING & FINANCE
Axis Bank introduces ‘Digital Dukaan’, an enhanced Payments & Business Management solution for merchants
- Axis Bank, India’s third largest private sector bank, in partnership with Visa announced the launch of an app ‘Digital Dukaan’, a comprehensive digital offering that will empower merchants to accept payments through various digital modes and also enable them to manage their day-to-day business digitally.
About ‘Digital Dukaan’ :
- The Digital Dukaan’ has been specifically designed to address business requirements such as accepting digital payments, inventory management and billing, among others.
- This Android Smart POS application has an in-built camera with LED flashlight that will enable scanning of product barcodes, allow tap and pay option for transactions up to Rs 5,000 and also support other value-added services such as EMI, acceptance of Sodexo card, Buy Now Pay Later, etc.
- It will also enable merchants to set up an online store and grow their business effortlessly by creating new channels.
