ShopClues Launches ‘Reach’, A Payment Solution For Offline Merchants

shopclues

E-commerce marketplace ShopClues has become the latest company to join the digital payments bandwagon, with the launch of ‘Reach’, a payment solution for offline merchants. Part of the company’s Business Edge initiative, ‘Reach’ will help brick and mortar stores in the country to process hassle-free cashless transactions for customers, who prefer making payments digitally.

With ‘Reach’, neither the customer or the seller needs to download the application to make a payment, and can be used for payments of all scales and sizes. Merchants can avail the facility at an introductory rate of Rs. 99 per month. The SMS-based three-step payment mechanism also eliminates the intermediary digital wallet by directly transferring the payment to the beneficiary’s bank account at an introductory rate of 0% TDR on transactions.

The facility will also assist merchants with order management, inventory management, e-Billing, centralized inventory status for multiple stores and merchant store promotion. ‘Reach’ can be subscribed to by ShopClues-affiliated merchants as well as offline merchants who are not associated with the platform alike, the company said.

Add comment

NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.

Newsletter

Newsletter