Indian Bank has launched IB Merchant App - A mobile application for small merchants to register in the app and generate static/dynamic UPI QR code under small merchant category. Remitter (customers of the merchant) will scan the QR code and make payment to the merchant using any UPI enabled app.
This will facilitate merchants to receive money through UPI mode. It supports secure and instant transfer of funds without any extra charges from customer’s Bank account to merchant’s account.