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
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