Vision 2020: ePaisa to introduce PAN India Payment acceptance of static QR code 

Pravinkumar Bhandari

In 2020, ePaisa would be introducing its static QR code for Payment acceptance across PAN India right from a Small Shop, Transport services, and Toll Collection Organisations. It will also be adding Micro ATM as a feature in ePaisa Software, says Pravinkumar Bhandari, Chief Business Officer, ePaisa, in an interaction with Elets News Network (ENN).

How significant is the role of Point of Sale in India’s digital payments market?


In India, Point Of Sale has become a key for Digital Transformation in the Retail sector. As per the recent Worldline report, the number of point of sale (POS) terminals increased to 3.99 million in June 2019 from 3.31 million in June 2018, an increase of 20.5 percent in India. There have been efforts made by POS solution providers to simplify the entire business cycle including the payments to increase the adaption percentage.

Currently, POS holds around 58 percent in Tier I Cities, but still, Cash Transaction marks on top in II, III and IV Cities. To make a reach to Semi and small business owners POS solution providers have included their offline business activities to Digital i.e. Manual Product Management to Inventory Management, Sales Analysis, Tagging Product using Barcodes. Digital Payments in India have drastically increased in the last 5 years i.e. Debit / Credit Card and QR Payment Option which in return increased retailer’s acceptance via Digital Mode.

Tell us about your Point of Sale offerings. How do you offer the most user-friendly Point of Sale experience?
ePaisa as the leading Point Of Sale service provider ensures to satisfy the needs of every business of any market segment. The ePaisa POS Software is device agnostic and can integrate with any android device be it android mobile phone or POS Device. It is extremely cost-effective and enables new retailers to familiarize POS Solution for their store using android mobile with extended MPOS device and then upgrade to the POS device as the business grows.

With regards to friendly experience, the entire business can be managed using ePaisa Software with the new upgraded features i.e. Inventory Management, Product Classification, Digital Receipts, Barcode Scanning, Print receipts, etc. Additionally, the users also get an option to view their business on the dashboard of the windows.

How have you deployed cloud in streamlining your services? What do you do to maintain the safety quotient?
Our ePaisa POS Solution is a Cloud-based that provides tangible advantages in cost, simplicity, flexibility, and function. The cloud streaming helps the user to access the account at any time anywhere which sync’s real-time. The POS Software is deployed on Private Cloud where the cloud Infrastructure is PCI DSS verified and certified.

What are your Omni Payments offerings? Why are they better from their competitors?
ePaisa POS’s Omni Payment feature enables all the available payments acceptance in India i.e. Debit / Credit Card and QR Payment acceptance via all UPI enabled applications. Thus it lets small merchants accept all forms of wallet payments, making transactions extremely easy and hassle-free. The software is bundled with a low monthly subscription model which is billed annually to the merchants. Along with competitive Merchants Discount Rates (MDR) it also easily fits all business verticals.
How have you planned for 2020? What new innovations are in the pipeline?

For 2020, we are planning big initiatives in terms of growing the business verticals. One of our major focus would be the enhancement of ePsaisa POS Software to ensure that every feature is available and upgraded as per the market requirement. We would be adding many more digital services to cater to the Retailers, SME’s and other sectors in India. Our ePaisa static QR code for Payment acceptance is something we would be introducing all over PAN India right from a Small Shop, Transport services, and Toll Collection Organizations. Another important step would be Micro ATM as a feature in ePaisa Software.


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