Accepting payments is now easy with SmartHub Vyapar

06 November, 2024


Synopsis

• SmartHub Vyapar platform eliminates the need to maintain multiple collection devices by bringing all payment modes on one platform.

• You can accept payments via QR, UPI, Tap N Pay, Debit & Credit Cards, and SMS Pay at the store or remotely with instant voice alerts using the SmartHub Vyapar app, All-in-One PoS & Soundbox.

• SmartHub Vyapar platform is user-friendly, and merchants with little to no technical knowledge can set up their accounts easily.
  
  
  

Introduction

HDFC Bank introduced SmartHub Vyapar, a powerful app for merchants and SMEs to access a variety of customised business and banking solutions. Dukandaars and small business owners can use it to manage finance, payments, customers, and more on a single platform. There is no need to maintain and manage multiple payment modes like QR, UPI, SMS Pay, Tap N Pay, etc., are all available under one SmartHub Vyapar platform. Merchants can enjoy easy reconciliation across devices: App, All-in-One PoS & Soundbox in the SmartHub Vyapar app.

This SmartHub Vyapar payment guide teaches you how to set up payments on SmartHub Vyapar. The registration and setup process is easy and ensures instant access to funds.

How to set up payments on SmartHub Vyapar?

You can set up SmartHub Vyapar for digital payments by registering on the app and creating your account. An HDFC Bank representative will help you set up the account digitally in a few simple clicks. Once your account is created and verified, you can receive payments through the various SmartHub Vyapar payment methods.

Exploring the payment methods available

The different payment methods available on SmartHub Vyapar include:

1. Card Payments - Dip & Pay, Tap & Pay
   
   This feature of All-in-One PoS allows customers to make payments using cards. All they need to do is Dip or Tap their card on the All-in-One-PoS. Customers need to insert a PIN for the Dip & Pay method, whereas the Tap & Pay method allows customers to make contactless payments without the PIN for transactions up to ₹ 5,000.
   
   

2. UPI Payments - Scan and pay
   
   Customers can scan the QR code standee/QR in SmartHub Vyapar app/QR on Soundbox/QR in All-in-One PoS placed at your billing counter to complete the payment using HDFC Bank’s PayZapp. They can also pay using other UPI apps installed on their phones. These SmartHub Vyapar payment methods are quick and convenient. Merchants can also generate Dynamic QR using their SmartHub Vyapar app or All-in-One PoS to ensure the exact payment amount is collected for each transaction.
   
   

3. Remote Payments: SMS Pay & UPI Collect
   
   This method lets you accept Card and UPI Payments from anywhere, anytime! For SMS Pay, you can send the customer a payment link via SMS to collect Card Payments. All you need to do is select this option and enter the mobile number and bill amount. The customer receives a secure payment link. They can enter their card details to complete the payment.
   
   For UPI Collect, all you need to do is enter the amount to be collected and the customer’s UPI ID/VPA to send a payment request on the customer’s payment app. In this way, you can easily accept UPI payments remotely.
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How can merchants get payment confirmation?

SmartHub Vyapar Soundbox helps merchants receive instant and reliable voice alerts for successful payments. The demand for the device has increased significantly as it aids payment confirmation.

Features:

• Instant payment alerts: The soundbox sends the merchant a quick payment confirmation. It alerts them with details of the amount received.

• Multilingual: Merchants can pick a language of their choice. This feature helps local and small shop owners understand the payment amount in regional languages.

• Connects with all networks - SIM & Wi-Fi: The device is compatible with SIM and over Wi-Fi networks. This feature makes it easier for shop owners to adopt the technology.

• Strong battery life of 10+ days: HDFC Bank SmartHub Vyapar Soundbox has an amazing battery life, lasting over 10 days without charge. As a result, you can continue to receive digital payments for a long time on a single charge.
  
  

Soundbox is affordable and even gives rental reversal offers to eligible merchants

Monitoring and reporting: Analysing payment data

The SmartHub Vyapar app allows you to track all your payments in one place. Whether you have received the payment through Scan and Pay, Tap to Pay, a QR code, or UPI, you can view all the payments in a consolidated format on the app. The SmartHub Vyapar app transaction processing is efficient and seamless. You can easily download Transaction and Settlement Reports via the SmartHub Vyapar app.

Conclusion

​​​​​​​SmartHub Vyapar is an all-powerful platform for payment collection from multiple modes, including cards, QR codes, UPI, and SMS Pay. The app also gives you access to pre-approved Business Loans and helps increases sales through offers and rewards feature.

Download the SmartHub Vyapar app to overcome all your banking and business hurdles. The one-stop platform has new features and banking solutions to solve all your business problems.

Disclaimer: *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. HDFC Bank SmartHub Vyapar is available to only Individual & Sole Proprietorship entity and for select Current Account variants only. For other entity types, please connect with the nearest branch.