The Silicon Review - Best Business Review Magazine 10 Best IT Services Companies 2019 | Page 45

gateways to enable retail, proximity payments. The full range of XipPOS terminals caters to every merchant segments with XipTAGs covering all the customers and Xip Apps (both merchants and customers). Multiple transaction security options, flexible merchant segmentation, and richly extensible features make this cashless eco-system fine-tuned to the needs of the market. QR Code Payments: QR codes have changed the payment landscape globally due to its asset- light approach which is loved by both merchants and consumers. The investment required by the service provider, the merchant, and the consumer is at the minimum and allows for quick and speedy roll out of a payment network across the country. XipQR further strengthens the Xip platform by providing an additional payment acceptance method. Payment service providers can either offer QR or NFC or both in their chosen markets. XipQR provides support for both Dynamic and Static QR code. XipPOS terminals can generate a dynamic QR code, which consumers can scan through their smartphones to make the payments. The dynamic QR code makes the payment process faster and error-free, allowing merchants to accept payments seamlessly from any of the customer’s linked account. XipPOS terminals are available in various form factors with one of them specially designed to provide a dual display. XipApps are also provided so that they can be integrated with the consumer app for an intuitive and streamlined payment experience. Meet the Man behind Nearex Mayank Sharma, CEO Mayank believes the challenge of cashless micropayments can only be solved when a technology competes favorably with the convenience and affordability of cash. He started Nearex to empower consumers and merchants around the world with simple cashless payments leveraging the reach of mobile phones. Mayank is an industry veteran with experience of leading multiple global teams. SR “ We provide a breakthrough cashless payment technology that’s revolutionizing mass payments across emerging markets.” Mayank Sharma, CEO MARCH 2019 45