India Transact Services launches SMART PoS solution to simplify digital payment acceptance process

New Delhi, May 11 (KNN) To simplify digital payment acceptance process, India Transact Services Ltd (ITSL), a digital payment service provider and an arm of AGS Transact Technologies has recently launched its first ‘SMART’ PoS solution.

With its unique features such as tip transactions, international card alerts, fraud prevention, risk management, auto settlement, pre-authorization and integration with Windows coupled with ITSL’s digital payment ecosystem and AGSTTL proven payment infrastructure will empower merchants to accept payments from host of digital modes that are available in India, according to a press statement.

ITSL’s ‘SMART’ PoS device is also equipped to accommodate futuristic payment technologies based on merchant requirements.

Also, it provides Aadhar based payment services on the request of merchant along with that end-consumers can make payments using QR code, mobile wallets, BHIM-UPI.

In addition to regular credit and debit card transactions, merchant sponsored closed-loop prepaid card swipe can be made.

Ravi Goyal, Chairman and Managing Director, AGSTLL, said in the statement “their payment acceptance solution will especially benefit the MSMEs as it simplifies the digital payment acceptance process by omitting the need for multiple devices or vendors to support a successful transaction”. (KNN bureau)