Merchant Onboarding

Why is Taskmo the best Shop Onboarding Service Provider?   Do you remember the last time you stepped out of your homes to run errands and grab your groceries for the day? Well, with the pandemic our lives have turned into topsy-turvy in such a way that we can eat, shop and finish all our daily tasks within the comfort of our homes. There are multiple applications today in  Google PlayStore   and the   Apple Store   that will help you fulfill your daily needs within a matter of a few minutes. With evolving technology and quickly changing needs and digitisation of the economy, we are all moving towards an economy where humans instead of applications are here to complete our to-do lists. We have several applications in the market that will finish your day to day errands within a quick turnaround time. Whether it’s getting a bag of milk every morning, a couple of vegetables and fruits to get those vitamins everyday, these applications in the platform economy have go...

 Merchant Onboarding Process There's no doubt that the COVID-19 pandemic has led to the evolution of a cashless society paving the way for contactless transactions. A recent study conducted by Razorpay revealed that last year, the number of virtual transactions in the country rose to a whopping 383%, sounds promising enough, doesn’t it? Several fintech experts even predict that by 2024, the digital payments market in our country is sure to rise over INR 4 Trillion.    With increasing electronic transactions, it's time for payment facilitators to ramp up the process of onboarding merchants and vendors into the platform and meet the rising needs. In the last few years, there has been a steady rise in e-payments. Meanwhile, there has been a constant surge in the number of payment aggregators who have invested the need for merchants to quickly adapt to full-fledged digital transactions. If you are a payment service provider looking for an economical method to acquire merchan...

  Merchant Onboarding in India is the process in which a merchant or a vendor is onboarded to a payment platform.  In other words, merchant onboarding is the activity through which new merchants or vendors are added to a particular payment gateway system. In the present computerized world, it's all digital wallets. We are moving towards a cashless economy and this calls for merchants and vendors to raise the standards and move towards adopting digital payment systems. Given this, Merchant onboarding in India has additionally become a need of great importance. At Taskmo, we offer merchant onboarding services in India for all organisations, firms, fintech corporations , and even startups and help in onboarding merchants five times faster.  Now that we have understood the meaning of merchant onboarding, let’s quickly take a look at the benefits of merchant onboarding in India .  Today customers are demanding faster access to products and services as their needs are ev...