Features of Merchant Banking Services

Let’s be honest. No matter the size of your business, managing your banking transactions and maintaining the health of your business finances can be overwhelming. And with the increase in the use of digital payment services, you need to handle several transactions – from suppliers, customers, and more – from several different modes of payments.

Then, is there a banking solution that can help track your everyday finances with ease and at the same time allow your business to grow? Why, yes! Now, you can do the needful with the services of merchant banking, which is a combination of banking and consulting services offered by banks that help manage your business.

In this article, we will talk about the features of merchant services by IndusInd Bank and how it can help your business.

Quick Bank Account Opening

With online platforms, opening a merchant account is quick and hassle-free. If you have an existing current account with the bank, you simply have to download IndusInd Bank’s merchant payment app, ‘Indus Merchant Solutions’, and get started.

However, if you are a non-customer, you can easily open a current account through a DIY paperless account opening process and register your business on the merchant app instantly. Moreover, you can also open a merchant current account to handle your banking transactions effortlessly.

Digital Payment Solutions

With a merchant services account, you can accept payments via debit card, credit card, and digital payment platforms anytime and anywhere. You can accept in-store payments from customers through, PoS, UPI, and various digital payment platforms using QR codes. And not only that! You also have the option to accept payments via PaybyLink, which is the IndusInd Bank Payment Gateway Solution to manage end-to-end online payments.

All-in-One App

When you open a merchant banking account with IndusInd Bank, you get the convenience of running your bank account via an integrated merchant payment app, Indus Merchant Solutions. With this online platform, you have all your digital transactions in one place so now you don’t have to worry about any missed payments.

Now, conveniently track, view, and collect your UPI payments, card-based transactions, or even remote transactions using PaybyLink. Moreover, this app also allows you to keep a track of your banking and loan services seamlessly.

Easy Loans

Business finances can be unpredictable, leaving you worrying about the proper functioning of the business. So when you need quick funds to expand your business, a merchant services account is here to ease your worries. Services of merchant banking provide due assistance to merchants and retailers in procuring affordable loans for a short or long period.

With Indus Merchant Solutions, you can apply for a wide range of business loans, from small-ticket loans to working capital loans, without the need for security. All you need to do is check your eligibility and apply for the loan via a digital application process. Once your application is verified, the loan is disbursed quickly so that you can receive your finds in no time!

The Bottom Line

Today, where the business industry is constantly evolving, the tailor-made solutions and services of merchant banking from IndusInd Bank will help you keep up with this fast-paced world. Not only will it help you tackle your finances, but will also open your business to a world of exciting opportunities!