Axis Bank Introduces ‘Digital Dukaan’ Business Management Solution for Merchants

Axis Bank Introduces ‘Digital Dukaan’ Business Management Solution for Merchants

Daily Current Affairs   /   Axis Bank Introduces ‘Digital Dukaan’ Business Management Solution for Merchants

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Category : Business and economics Published on: April 07 2023

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  • The third-largest private sector bank in India, Axis Bank, has collaborated with Visa and announced the launch of “Digital Dukaan”, a comprehensive digital offering that would allow merchants to accept payments through a number of digital modes and conduct day-to-day business digitally.
  • Digital Dukaan, an Android Smart POS (Point of Sale) application, is exclusively developed to address business needs such as accepting digital payments, inventory management, billing, and much more.
  • With an inbuilt camera and LED flashlight, this Android Smart POS application can scan product barcodes, pay option for transactions up to Rs. 5,000, and allow tapping.
  • It will offer value-added services like EMI (Equated Monthly Instalment), BQR, Sodexo card acceptance, Buy Now Pay Later, etc.
  • Furthermore, Digital Dukaan will help merchants easily set up an online store and expand their business by creating new channels.
  • It would also simplify the process for merchants to notify customers about ongoing offers, discounts, and promotions via SMS.
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