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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