Google Pay is a UPI-based mobile app that provides you with many ways to collect payments from customers easily and conveniently. UPI lets you transact payments in real-time from one bank account to another. You can sign up for a business account here - https://pay.google.com/business/console/.
Customers can just scan a QR code and make payments instantly (without being re-directed to a bank’s website), they don’t even need an OTP. This convenience can increase your sales and the customers aren’t charged anything extra.
You can download the Google Pay for Business app on the app store. It’s different from the customer app.
Once the set-up is complete, you can generate a QR code which makes it easier to make payments.
Once you verify your bank account and UPI details, Google will provide an option to setup your address on Google maps.
Remember to print the QR code to make it convenient for the customers. Google Pay for Business allows transactions up to Rs.50,000 monthly; post which the bank may levy a fee as per its policy.
- Tags
- #Google Pay Business Account
- #Google Pay
- #MSMEs
- #Business Loans
- #Google Pay for Business
