Accept Payments Seamlessly: Introducing HDFC Bank's Vyapar Soundbox for Merchants
10 July, 2024
Synopsis
- HDFC Bank allows you to benefit from both SmartHub Vyapar and Vyapar Soundbox to grow your business.
- There is a significant rise in soundbox demand because of their ability to issue instant audio alerts as soon as the payment is received in your bank account.
- Soundboxes support multiple languages all at once, adding to your convenience.
Cash transactions saw a steady decline after the introduction of UPI. People started paying online for even small purchases. However, during peak hours, merchants often faced difficulty in tracking the transactions. The chances of selling the product but not receiving the payment were skyrocketing. This led to the introduction of the soundboxes. Let’s understand what soundboxes are and how they help merchants receive seamless digital payment audio confirmations.
What is a Soundbox?
Soundbox is a device that provides audio alerts as soon as you receive any payment through the QR code linked to the soundbox. Whenever a payment is made, the soundbox issues a sound/audio alert stating that a payment is received along with the amount of payment. This made it a useful tool for merchants who now don’t have to check their bank statements frequently to track every payment.
How to apply for HDFC Bank SmartHub Vyapar and Vyapar Soundbox together?
By following the below simple steps, you can apply for the HDFC Bank SmartHub Vyapar and Vyapar Soundbox together:
- Register yourself on the HDFC Bank SmartHub Vyapar app. Begin by choosing your desired language.
- Enter your mobile number and PAN card details.
- Check & Accept the Terms & Conditions.
- Enter the OTP to complete the verification.
- Sign up by setting up a 4-digit mPIN of your choice. You can also enable the touch ID.
- HDFC Bank will carry out a background eligibility check. After the background check, the account numbers that are eligible for integration will be displayed on your screen. Select your bank account for payment credits.
- Confirm the current account that you selected and proceed.
- Confirm your business address and complete your remaining profile.
- Select the nature of your business.
- Enter your email ID, select the range of your annual turnover and enter your GST registration number.
- Accept the MDR charges and you will get an option to apply for Vyapar Soundbox. Check and accept terms & conditions to order the soundbox.
- After completing the above process, check and accept the Terms and Conditions to successfully register for SmartHub Vyapar app.
Now, you have registered on HDFC Bank SmartHub Vyapar with a Soundbox facility. You can begin enjoying a seamless payment experience and focus more on your customers than reconciling payments.
Also read: What is contactless payment and how does it work?
Why HDFC Bank Vyapar Soundbox?
If you are a merchant and want to make your online payment confirmations seamless, then here’s why you should apply for the HDFC Bank Vyapar Soundbox:
- Quick updates: HDFC Bank soundboxes allow you to get quick payment confirmation and the amount received. Further, the soundbox also carries your QR code. Thus, you don’t have to place a separate QR code card on your front desk.
- Multilingual: The HDFC Bank Vyapar Soundbox is a multilingual device. Thus, you can select the language of your choice to ensure a seamless understanding of the audio alerts. This is especially beneficial for understanding the amount of payments received.
- Amazing battery backup: The battery backup of the HDFC Bank Vyapar Soundbox is amazing. It can last for days without requiring a charge. This ensures you can accept
- uninterrupted digital payments for a prolonged period on a single charge.
- Affordable: You can get a soundbox at an affordable price with special offers eligible on acceptance of terms and conditions.
- Compact device: The HDFC Bank Vyapar Soundbox is a very compact device, thus making it handy and easy to carry. Being compact and having a QR code on the front, you can place this soundbox anywhere in your store.
Also read: Looking at the Benefits of POS Machine Usage
In a nutshell
HDFC Bank Vyapar Soundbox has been a key facilitator for the merchants of India. You can easily obtain the soundbox by getting registered on HDFC Bank SmartHub Vyapar. It lets you accept digital payments through multiple modes, market your business and raise finance easily through HDFC Bank. Avoid missing out on payment alerts by getting registered with HDFC Bank SmartHub Vyapar.
*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.
