New technologies in digital payments, notably contactless payments, have exploded in popularity since the pandemic.
These payments are typically made through wireless methods, such as contactless cards, mobile wallets, QR codes, and cellphones.
Contactless payments are well renowned for their ease and convenience.
Since there are no lineups at the checkout terminals, customers may complete their payments quickly.
These methods offer secure transactions and most of them fit in your mobile device in the form of an application.
From a merchant’s perspective, contactless payments reduce the time spent on operating card machines or counting cash.
Merchants can offer a smooth checkout experience for their customers. They can offer loyalty programs to improve customer relationships.
For a physical store, it may come in form of QR codes, or tap and go type terminals, even mobilePOS; for eCommerce businesses, and for virtual, eCommerce and social media businesses in form of a payment gateway that facilitates online payment between merchant and customer integrating all kinds of payment methods like net banking, cards, mobile wallets, etc. Or a method getting wide popularity, payment links.
Payment links let your company accept payments online without the requirement for a website, a physical device to accept tap-and-go contactless cards, or a third-party app for clients to use to scan the QR code you’ve posted outside of your physical location.
The customer just clicks the payment link after receiving it, selects their preferred payment option, and completes the purchase.
That is how it operates.
So, how can you create these payment links?
Your mobile device’s light application serves as your partner in payment collecting.
With the help of this program, you can easily build personalized payment links, send them to your customers over any messaging service, and collect online payments.
Another benefit of generating a payment link with EPOS is that you only need to submit the bare minimum of data to do so.
Payment links via EPOS work like this:
This link-based online payment collection method eliminates the need for any physical device, website, or business app to accept payments, it offers maximum secured transactions and caters to omnichannel payments.
For your customers, you can offer a secure and frictionless online transaction experience with Lyra’s EPOS application.
Customers don’t need to download or use any third-party application for making payments.
They don’t need to share personal or financial details like IFSC codes. etc. for making payments.
And they can use their preferred mode of payment as EPOS offers 100+ payment methods including net banking, cards, mobile wallets, UPI, etc.
EPOS is backed up by India’s one of the most secure payment gateway, Lyra’s payment gateway. It is PCI DSS compliant, 3D secured and is in compliance with card schemes as well as government policies on customer data protection.