Overview

Finmo launches a new product named "DigiBharat". What DigiBharat exactly does- DigiBharat™ is a Offline QR Code solution, where any consumer of BHIM or any other UPI apps like Phonepe, Pockets By ICICI, Chillr By HDFC, Samsung Pay, SBI Pay, Axis Pay etc, can scan the QR code that is present at the store and pay instantly, directly from their bank account to the Merchants Bank account. There is no intermediary involved. USP of DigiBharat™ - 1. Can be scanned by More than 50 Mobile Banking Application at present (Including BHIM, Phonepe (Flipkart Group) & Other Private Players Too) 2. Zero set up fee, No rental, No annual Maintenance 3. Merchant can even accept payment even with a feature phone, no need of internet connectivity or network connectivity on the merchant’s end that makes the solution more scalable. 4. We also provide Merchant the application and web portal. Following features in the DigiBharat™ app & Web Portal – a. Can track his daily transaction and payouts. b. Can request money from people far away, via sending a collect money request on his BHIM/UPI ID c. Can Generate a dynamic QR code where the consumer can directly Scan and Pay d. Can add more team members.