What is Merchant Onboarding?
3 Reasons Why You Must Make Taskmo Your Onboarding Partner
Over the last few years there has been a massive transformation in the way we buy and pay for products. Long gone are the days where we used physical currency, it's all digital currency and mobile wallets now. It’s safe to say that we are all moving towards a cashless and contactless economy. With increasing customer needs, businesses have started to equip themselves with apt tools to serve customers in a quick and efficient manner. It has opened up arenas for organisations like Taskmo to play the role of onboarding partners.
Over the last few decades, merchant onboarding has grown into leaps and bounds due to the rise in the number of payment aggregators. Let's take a look at the meaning of the term merchant onboarding; it simply refers to onboarding a merchant to a gateway platform. In simple words, merchant onboarding in India means adding a new merchant onto a processing platform. In the traditional approach, the merchant onboarding process was manually performed and involved an intense amount of paperwork and a lot of to and fro between the onboarding merchants and the payment aggregators.
Visit the website for more information: https://taskmo.com/blog/Merchant-Onboarding
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