Axis Bank, India’s third largest private sector bank have launched the revolutionary PIN on Mobile solution for accepting digital payments, in the Indian market, along with Ezetap by Razorpay & MyPinpad as the technical solution partners.

• ‘MicroPay’ is a revolutionary ‘PIN on Mobile’ solution that converts a merchant’s smartphone into a Point-of-Sale (POS) terminal, thereby simplifying digital payments and delivering a unique customer experience.
• It will be a true game-changer for businesses across India, especially for the retail and kirana shops in Tier-2 and 3 cities that operate on limited working capital and would prefer cost-effective payment solutions
• While the adoption rate of digital Point of Sale (POS) systems has increased in India, the device cost sometimes acts as a deterrent for MSMEs.
• The PIN on Mobile technology converts a merchant's smartphone into a POS and offers them a cost-effective means to accept payments through card, UPI, BQR-code etc