As we are getting used to the pandemic, we are also getting used to the new lifestyle that pandemic has forced on us. With everything changing, customer behavior is not an exception and it shows when it comes to small businesses. When it comes to collecting payments, customers are opting for contact less payment methods due to obligatory social distancing. So, if your shop or your online business is unable to accept online payments, it will be a serious issue. In order to keep your business up to date with current as well as upcoming trends, you need a payment option which not only will be convenient for your customers but also will be beneficial for your business.

Queue, Lyra EPOS……

How to collect online payments with Lyra EPOS –

Payment collection with Lyra EPOS works in three steps-

  • Create
  • Share
  • Collect

Benefits of Lyra EPOS –

Quick Onboarding – If you are a small business, you need to start collecting online payments as soon as possible. Lyra’s EPOS onboarding process becomes easy and hassle-free. By submitting MAF and required documents as per RBI guidelines you can apply for onboarding, once the documents clearance, it will take 1-2 hours to get you onboard and you can accept online payments.

Link-based payment – With EPOS you can collect digital payments in two modes,

  • QR based – With QR based type customers can scan the QR code with his/her mobile phone and proceed to online payment. These QR codes are customized. You or your staff can also use EPOS if your shop delivers the services and goods at the customer’s doorstep.
  • Link-based – If the scanning fails or in any case where the customer is not physically present at the shop, e.g. online order and delivery. With customized QR generate a customized payment link. This link can be shared with the customer via any social media or messaging application. After clicking on the link, the customer gets redirected to the payment page.

 

Easy interface – POS in your Mobile – EPOS has an extremely easy to understand interface. With clear instructions for what to do next, merchants can easily navigate their way to creating payment orders

Multiple payment options – Lyra EPOS offers various payment options like a credit card, internet banking, debit card, UPI, mobile wallets, etc. Customer can choose any method he/she is comfortable with and proceed to the online payment.

A strong and secure technical support –

The solution is equipped with strong technical backing, support, and up by the most secured Lyra Payment Gateway which ensures safe and quick processing of payment.

Secure transactions – Lyra EPOS is backed up with Lyra’s secure payment gateway. It is in compliance with the government’s data privacy regulations and PCI DSS guidelines. It is in compliance with card schemes and is 3DS secured.

Redundancy of any third-party mobile application – EPOS is a standalone mobile application that does not need any other mobile application for payment collection. EPOS can be easily downloaded from the play store app. Along with merchants, customers also do not need to download any third-party application for doing payment.

Redundancy of physical POS like devices – Many stores use the bulky POS device. By using EPOS, the requirement of a physical POS machine becomes redundant. This saves overhead costs like training and maintenance of the POS machine, etc.

Other features –

  • Fraud minimization
  • Chargeback minimization
  • On the spot and real-time payments
  • Contactless payment collection

There is no need for customers to share their personal details or bank details for payment

What type of business can use Lyra EPOS for contactless payment collection?

In one word, ‘All’, that’s right. Lyra EPOS can be used for online payment collection regardless of business type, model, or scale. Here are some user cases,

Local businesses like restaurants, hardware stores, local hotels, pubs and restaurants, clothing stores, cafes, etc.

Web-based businesses like, Business group on WhatsApp, Facebook, Instagram, and many more

Businesses that don’t have their websites, like personal tutors, gym, spa, catering services, brick, and mortar stores.

To collect utility bill payments like gas, electricity, water, etc.