richardananth

[richardananth]

How to optimize customer experience with restaurant POS System

Reducing the wait timeProtecting customers and employeesContactless doorstep deliveryOptimize Check out processAccurate ReportsStock Management at easeA study conducted on the global level that encompassed the 2014-2024 time frame indicated the following:Are you looking for a custom ePOS solution for all your restaurants?  Just click here to get a free quote (or) write to us at sales@roamsoft.in

There lies no denial in the fact that the restaurant industry has been hit hard by the COVID-19 pandemic. For over a year now, restaurants have realized the brunt of localized lockdowns and dwindling footfalls as a result of operating at reduced capacity even after lifting the lockdowns. As several states in India are now unlocking after an unrelentless second wave of the pandemic, it becomes important for restaurateurs to welcome their customers with an unmatched dining experience.

With restaurants across the globe striving hard to cook up a delicious platter to welcome diners, utmost care must go into elevating the overall customer experience across touchpoints. One such important focus area is the business management experience in restaurants.

Here are a few ways in which customer experience in a restaurant can be improved through a seamless restaurant POS system:

No matter how scrumptious the food you serve in your restaurant, a longer wait time is bound to irk even your most loyal customers. Giving diners the option of making reservations through a digitized table reservation system is one good way of improving the user experience in a restaurant. 

The outbreak of Coronavirus last year disrupted most businesses and the way they used to operate. In the new normal, contactless payment terminal and self-checkouts will be the key to reinforcing trust not just in diners but your staff as well. Giving your diners the option of speedier checkouts through contactless payment options like QR codes and tap and pay contactless card payment options 

For restauranteurs, it is important to arm their delivery personnel with customer-focused superior doorstep payment acceptance solutions like any ePOS solutions which are revolutionary into a payment acceptance device. Faster and contactless transactions lead to happy customers.

The process at the checkout counter could speed up thanks to the barcode scanner. In an eye blink, all information of picked products will be sent straight to the system. Next, right on POS, cashiers also access customer data automatically and add this transaction to customer history. 

Based on the history of the store’s transactions, POS applications will automatically extract reports including critical information. This function supports managers to take overview pictures of the business performance. For instance, reports show out current common sales trends or identify the area of unnecessary overspend for managers to take appropriate action.

With a traditional register, staff has to physically view inventory while POS supports them to automate checking stock on-screen. Even if any adjustment happens, staff don’t have to check it manually but through a glance at the screen. In brief, the POS System saves time controlling stock for your stores!

The global POS terminals market stood at $235.57 mn in 2016 and is forecasted to exhibit a growth rate of more than 11% in value terms during 2017-2022, to reach $724.14 mn by the end of 2022, primarily owing to increasing government focus and initiatives aimed at digitizing the country’s economy.

Mobile POS payment devices are expected to increase 4 times.

Software as a Service (SaaS) solutions will become prevalent in the POS industry.

The Asia-Pacific POS terminals industry is expected to drive demand.

It is evident that POS systems have helped streamline business processes to a great extent. Small businesses should be in line with the best POS practices by implementing one for themselves right away. To find the best POS systems for small businesses, we reviewed several factors, including subscription prices and fees, hardware types and costs, payment processing options, and features. After searching through more than two dozen POS providers, we narrowed it down to winners in specific categories by the best POS systems for things like e-commerce, inventory management, and retail use.

[richardananth]

How Payment Gateway Works

Are you looking for a White-Labeled Payment Gateway Solution?  Just click here to get a free quote (or) write to us at sales@roamsoft.in

A payment gateway is the simplest way for a business to collect digital or online payments from their website or app.

Online payments have become a part of our daily lives in no time. We’re transacting online not only through debit or credit cards but through numerous other modes like UPI, netbanking and wallets as well.

Paying online is a fundamental feature that every e-commerce platform in the world offers. And they can provide this facility by integrating with a payment gateway.

Online payments are swift and convenient. They allow you to buy products and services from all over the world. If you are a seller, you can sell to anyone in the world with a decent internet connection. Your customer doesn’t even need to have a computer; a smartphone is enough.

But what exactly is a payment gateway? Is it safe to transact through a payment gateway? Does it make sense for your business to have a payment gateway integration? Let’s find out.

What is a payment gateway

An online payment gateway (PG) is a tunnel that connects your bank account to the platform where you need to transfer your money. A PG is a software that authorises you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI or the many online wallets that are available these days.

A PG plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal.

To explain this in simpler terms, at the time of buying a book from a popular digital platform like Flipkart, when you make the payment for the book, a payment gateway helps you in the process by transferring your money to Flipkart.

How a payment gateway works

A payment gateway focuses on securing the sensitive information given by the user throughout the process. It ensures security by encrypting data like card and bank details that have been provided by the user.

The following are the basic steps showing how a typical payment gateway works.

Step 1: A customer places his or her order and then presses the Submit or Checkout button, or its equivalent button, on the website

Step 2: Once this happens, the website or the e-commerce platform takes the customer to a payment gateway where he or she enters all the relevant information about the bank or the card they are using to pay. The PG then takes the user directly to the page of the issuing bank or a 3D secure page, asking for the transaction to be authorised.

Step 3: Once the payment gateway gets the approval for the transaction, the bank then checks whether the customer has sufficient balance in the account to make this transaction a success or not

Step 4: The payment gateway sends a message to the merchant accordingly. If the reply from the bank is a “No’”, then the merchant subsequently sends an error message to the customer, telling them about the issue with the card or the bank account. If the response is a “Yes” from the bank portal, then the merchant seeks the transaction from the bank

Step 5: The bank settles the money with the payment gateway, which in turn settles the money with the merchant

Once this process is completed, the customer gets a confirmation message of the order being placed.

As mentioned earlier, the transaction of money involves sensitive information about a person’s bank and card details that are entirely personal to him or her. Therefore, it is imperative to make sure that this information stays safe.

Using an online payment gateway, businesses can accept payments through various payment modes. One of these payment modes is through credit and debit cards. Click here to read about the lifecycle of an online card payment.

How a payment gateway keeps information secure

A payment gateway ensures the security of the information you put in. Here is a list of things that a PG does to keep your data safe:

First things first, the entire transaction is carried out through an HTTPS web address. This is different from the HTTP as the S in the HTTPS stands for Secure. The transaction takes place through this same tunnel

As a result of the hash function, the system often uses a signed request from the merchant to validate the request of the transaction. This signed request is a secret word, which only the merchant and the payment gateway know

To secure the payment page result of the process, the IP of the requesting server is verified to detect any malicious activity

Virtual Payer Authentication (VPA) is something that the acquirers, issuers and the payment gateways are backing to secure the process even more. VPA, implemented under the 3-D secure protocol, adds an additional layer of security and helps the online buyers and sellers to authenticate each other easily

Benefits of using a payment gateway

Using a payment gateway is not just for transferring money, but it has other benefits as well. A PG can allow a merchant to give the user get a better experience.

PCI-DSS Wallet – The PCI-DSS compliance makes it secure enough to allow the user to store their personal data in the portal or gateway for recurring payments. For example, if you are a frequent customer on Swiggy, then you can save your bank or card details on their site or app, and the gateway will keep it secure from any cybersecurity threat

White-Label Wallet – Some payment gateways allow you to make digital transactions through mobile wallet apps. This is the current trend, as it enables the user to make all his transactions by just sitting at one place. You can bring in your money from the account balance to the mobile wallet app and then further use it to make payments on other apps or websites

Fraud Screening Tools – Many payment gateways provide you with fraud screening tools to reduce the risk of losing information. These tools include the Card Code Value (CCV), Card Verification Value (CVV) or even the Address Verification Service (AVS). These tools ensure that there is no fraudulent transaction

A payment gateway focuses on creating a secure pathway between a customer and the merchant to facilitate payments securely. It involves the authentication of both parties from the banks involved.

The most significant advantage of a payment gateway is the fact that it allows millions of users to use it at the same time, making it possible for you to purchase or sell goods and services whenever you want.

How to choose a payment gateway

Many business owners, founders and product managers find it difficult to choose a payment gateway for their business.

A good payment gateway will have the following features:

Good success rates

Multiple payment modes

Easy and quick onboarding

PCI-DSS compliant security

Insightful and intuitive dashboard

Competitive pricing options

Free setup and zero maintenance charges

Apart from these, you should look for a payment gateway that has a bundle of additional features:

Host of products and features that allow businesses to accept payments without a website or an app

Ability accept recurring payments for a business’s subscription products

Facility to run offers, offer EMIs and discounts to customers

[richardananth]

Benefits of accepting mobile payments via eWallet

Existing Opportunities over Mobile Wallet Payments Benefits of Mobile Payments by using Digital WalletE-Wallets are Here to Stay 

Our payment method saw transformations as we started living more connected. By now, most retail business owners are familiar with the alternative ways credit card companies, banks and third-party financial institutions like PayPal let consumers manage their money and make purchases in stores and online. Technology like Near Field Communications (NFC) is now commonplace in most POS systems and devices, which is part of the reason digital wallets found on a person’s smartphone are increasing in use and popularity. A digital wallet essentially stores a consumer’s bank account and/or credit card information on that person’s smartphone, where they can access it to make in-store purchases using their phone. The digital wallet saves a person from having to search through their wallet for the right card, instead of letting them easily select their preferred method of payment right from their phone, which communicates directly with a store’s POS system to complete the purchase.

According to industry arc, Our mobile wallet market size is forecasted to reach $255 billion by 2025 at a CAGR of 15.2% during 2020-2025. Many developing countries using digital wallets may increase their participation in the global financial market. It is a proven fact that e-wallets are the best way to go cashless and make spending money easier without having hard cash. With the help of eWallets, it becomes easy to trace transactions completely. Every money spent or received will be mentioned in the e-wallet statement, and you will be able to check it anytime. Here cash transactions are simple as there are lesser security layers like banks. The number of internet users is drastically increasing every year. It is estimated that there will be 650 million internet users in 2021. More digital-savvy customers are trying out innovation and prefer to use digital money. The demand for easy payment methods will continue to grow and will be used to boost the value of the mobile wallet.

Once it was used for phone calls but now it has become a complete utility from food ordering, and shopping to payments. Although cash remains an imperative necessity for the customers’ lives, E-wallet businesses are slowly making the mark as a form of payment method. One of the prime factors that made mobile wallets more successful is that the system is more secure and is easily familiarized with customers for all their retail transactions and purchases. So, Let’s discuss some of the opportunities for mobile wallets in a real-time manner.

In contrast to an ordinary wallet, portable wallets can’t be grabbed or lost anyplace. It is effectively available and permits us to make exchanges by one tap, dissimilar to net-banking or ordinary non-virtual exchanges that require some investment and energy. Our classified data stays protected if there should be an occurrence of portable wallets, in contrast to the net financial office or credit/check card instalments that request our touchy information each time we need to make an exchange. On account of versatile wallets, an individual can pay a specific sum and need not pay a round figure. Another advantage of utilizing versatile wallets is that we get limits, vouchers, gift vouchers, and offers.

For traders, there is critical potential for tolerating computerized wallet exchanges. A critical part of those instalments will be with computerized wallets. Bank of America reports that 39% of twenty to thirty-year-olds cooperate with their cellphones more than they do with individuals around them including colleagues and family. The more youthful age is hitched to their versatile innovation. Making purchasing helpful for them to pay with advanced wallets bodes well. More digital penetration, more the savviness of the people. In recent times, many technology companies have emerged that help mobile wallets become complete financial management tools. As the demand for a dynamic payment system keeps on increasing and will stimulate the use of mobile wallet technology.

Are you looking for a White-Labeled Mobile Wallet Solution?  Just click here to get a free quote (or) write to us at sales@roamsoft.in

[richardananth]

Groceryncart using Peppertap Clone

Interested in getting started with Online Grocery Delivery solution?  Click here to get a free quote (or) write to us at sales@roamsoft.in

GroceryNCart is an E–Commerce platform that helps store administrators in expanding their presence online and effectively engaging their clients digitally.

GroceryNCart is an E-commerce platform, designed from the ground up for the grocery industry. We offer a turn-key solution to rapidly and viably get your inventory online and begin generating web based business deals.

Our platform is designed to give a fantastic client experience paying respect to how the client wants to get to it-whether on their desktop, notebook, tablet or phone.

Grocery store owners can now incredibly benefit from 'GroceryNCart' which offers a unified shopping experience by converting their offline store into online shopping platform with Peppertap clone.

Fundamental supply retail exteriors, neighborhood departmental stores, and general stores can without quite a bit of an extend rundown their things on this totally included Peppertap clone and get mass solicitations from clients keeping in mind the end objective to expand their income and return more benefit at a low speculation! Skyrocket your local online business to extraordinary degrees with our Peppertap clone!

A trouble free shopping knowledge is an undeniable reason behind the distinction of Peppertap clone among the clients. It is considerably less demanding to scrutinize to pick and request all the essential supply things instead of setting off to any such store. More to this, the doorstep conveyance is an additional ideal position. Including before long into this training is dreary and tiring in the meantime. Subsequently, we have thought of an imaginative strategy for developing Peppertap clone.

The grocery segment covers a whopping 60% offer of the aggregate market estimation of Indian retail market. The sustenance is counted among one of the fundamental requirements of individuals paying little heed to the social and class individuals belong to. And if details are to be trusted, Indian online grocery market will touch 2.7 billion imprints toward the end of the 2019 financial year in view of the increasing demand of Grocery Script ie Peppertap clone.

While offline retailers are pushing their bounds of operation into E-grocery, companies are confronting such a variety of difficulties to adequately advertise their items into the web based promoting channel. It is not just about having a site, but rather a web based shopping site that associates retailers and purchasers.

Retailers are stepping up with regards to wander into the online marketplace with the help of grocery E-commerce platforms to sell their products easily as well offer their store customers with hassle free shopping experience.

Special Features

The special features of our Grocery Script (Peppertap clone) includes Multi city, Multi vendor, Simple checkout, Delivery boy app, Dispatch system, Real time tracking, Driver app, Store app, Customer panel, Invoice management, Newsletter Management, Free support, Free installation, SMS notification, CMS, Power actions, Dashboard etc.

Grocery Scripts from GroceryNCart

Handiness and simplicity are the two conclusive highlights of Peppertap clone design. End-to-end design sequence additionally matters for our professionals when concentrating on grocery script development. Our Peppertap clone development has a number of features including portable improved storefronts, simple checkout option, tweaked designs (according to clients' preferences), and so forth. We have concentrated on such a Peppertap clone development that helps our clientele manages their entire online store.

With our Grocery Scripts Peppertap clone you can begin a grocery conveyance benefit wherein visitors can surf and shop through different things having a place with different classes. Client chooses a schedule vacancy and looks at and places orders using payment strategies. Request lands at nearest fulfillment center. Your conveyance boy packs and convey.

Certain additional features of GroceryNCart includes:

Location aware inventory

Various payment methods

Inventory Management System

Delivery boy Android App to update status

Perfect delivery charges setting page and return policy section for the sellers enlisted

Being an advanced Peppertap clone development, we stick to the introduction of innovative technology with the related services. Therefore, if you are looking for an innovative online grocery website/app development solution, Peppertap clone we are the ideal destination for you. Appoint us as your one-stop solution partner and harvest the service benefits thereafter.

It takes great venture to get into Grocery Scripts like PepperTap clone, HappyFresh clone, and Grofers clone development services. As we have now ventured into the business and are doing it quite well, allow us a moment to let you get the benefits of using the services.

GroceryNcart is stacked with brilliant features and natural Peppertap clone script on a super-adjustable platform to ensure your customers and your online store gets profited similarly. Designate us as your one-stop solution and reap the administration benefits from that point.

[richardananth]

Ubereats Clone - Comeneat

Interested in getting started with Online food ordering solution?  Click here to get a free quote (or) write to us at sales@roamsoft.in

Comeneat is an online food Order Takeaway & Food Delivery platform (Food Ora, Postmates, Deliveroo, Just eat, Ubereats Clone) with driver app, customer app and restaurant app. It provides unique additional features like reward points, dispatch system, wallet payment, Facebook ordering etc to enhance your restaurant business.

Restaurant online food ordering systems are picking up prominence, reaching customers is the business of the day, and with our simple access script Ubereats Clone you will be on your way.

Ubereats Clone is a perfect app for your restaurant business. Online food ordering platforms ascend step by step. They are thought to be another option to getting in your car and driving or checking various online journals or surveys. So having a sufficient, easy to understand, instant Ubereats Clone script will engage the sprouting business visionary to set off alone online sustenance requesting business wander.

This Ubereats Clone script is hatched with various highlights which encourage one to hold every one of the pros in this focused and testing business platform from the word go. It has all the cutting edge credits will help one to dependably remain in the chase.

Our online food ordering scripts are feature rich and enable you to hold more trump cards within a competitive and tricky online restaurant business. We have formulated this Ubereats Clone to help business visionaries to build up a strong fortress in the online food ordering market.

Our Ubereats Clone is a completely incorporated on demand food delivery programming for your food delivery business. Dealing with your store conveyances has never been so natural. Oversee both on-demand and planned deliveries all on single software.

We grasp that getting a takeaway is an unprecedented treat – in light of the fact that it is for us also! Ubereats Clone don't love much else besides that moment the doorbell rings and you can start crunching down on new foods. In perspective of that we continue making without question we just summary quality support made by a few thousands of restaurants associates we know and work with.

By surfing on the names of Restaurants recorded on the site, clients are presented to Restaurants they may somehow or another never have known. Comeneat will take the Restaurant business to the higher level.

Comeneat helps the Restaurant owner by making prices more pocket-friendly for both parties i.e. Customers & Restaurant. As a result, customers are saved from the cost of a visit to the Restaurant while the Restaurant owners save on marketing overheads and space because they can sit and serve the limitless number of customers on a virtual platform.

Ubereats Clone is an online food order and delivery service. It goes about as a mediator between free take-out food outlets and clients. The platform enables clients to scan for nearby assume out eateries to position orders on the web, and to look over get or delivery alternatives.

As the online platform fabricates a more grounded online nearness for any Restaurant, Comeneat gives a less demanding interface to the clients to recognize the Restaurant web based, bringing about more deals.

Comeneat, an food order take away and delivery platform offers a range of features like Order Tracking, Driver Management, Track location, Map, Order tracking for customers etc...

Comeneat has turned up with a huge online food ordering content formulated by a set of pro designers. Make utilization of this delightful Ubereats Clone script made to flawlessness with richly aggregated properties.

Our food delivery app for ios and android is one of the most technically advanced on demand food delivery app. The Ubereats Clone source code uses state of art technologies like NodeJs and assures web- scale. And also you will have no legal issues accepting online payments as we assure PCI compliance on Ubereats Clone.

Additionally the app comes with multi- language support and also it comes with customer app, restaurant app and driver app and thus Comeneat is your solution if you need Ubereats Clone!

[richardananth]

Different apps that helps all your business with high ROI

Native Apps: Web Apps:On-demand Apps:Payment Apps:Hybrid Apps: Business Apps:Gaming Apps:Shopping Apps:Conclusion:Interested in getting started with a robust web and mobile app solution?  Click here to get a free quote (or) write to us at sales@roamsoft.in

Portable applications are a lifestyle. Anything you desire to do, there’s an application for it. There are more application stores today, ordering them into versatile application classes is significant for revelation and comprehension. In this blog entry, we will investigate every one of the various sorts of web and mobile app development services to assist you with settling on informed choices regarding how to create apps that bring in cash and how to advertise them successfully for the most extreme achievement.

Different types of apps for your businesses:

Versatile applications contrast from one another depending on the innovation they are worked with. The three essential characterizations in versatile applications by their innovation are Native applications, Web applications, and Hybrid applications. A fourth kind, the moderate web applications are one more sort of application that got going as headway in web applications, yet have now turned into their very own significant class. Let’s talk about every one of these exhaustively.

The vintage highest quality level in portable applications is something that is of the greatest quality and worth however frequently gets supplanted by a more savvy, current arrangement. Local applications are written in a particular programming language that chips away at a particular working framework. So an Android application would be written in an Android language.

Web applications are a kind of application that can be gotten over a web program. When you enter the application, the program interface vanishes and the application covers the whole screen to give a vivid encounter. The best thing about web applications is that they dispose of a significant obstruction, the establishment step empowering more individuals to utilize the application without agonizing over spending space on their gadget or even the basic hesitance to download one more application.

The aggregator is your business model of choice if you don’t own a food outlet or any grocery store. Instead, you bridge the gap between those business verticals. Apart from order gathering, you will provide a delivery service from local grocery stores to the user’s doorstep. With digital solutions, now it is possible to host an online marketplace for the users to reach out for their essential needs in a more convenient way. 

A payment app or a mobile wallet application is that allows you to store your debit or credit card information that can be used to pay for goods and services in digital money instead of using physical cards or cash and also send money online to friends, family, or merchants in an instant. It is just like having a digital wallet on your phone. 

Crossover applications as the name recommend are a center ground between local applications and web applications. They can be coded once and conveyed on various working frameworks. This is finished by composing the fundamental code once and afterward modifying key front-end components for each working framework independently. Present-day cross-stage dialects like React and Flutter can accomplish up to 80% code reusability, permitting a huge decrease in developed occasions for half and half applications.

Business applications are another famous versatile application classification that traverses a scope of applications that assist with maintaining a business all the more proficiently. These can be useful applications, bookkeeping applications, stock applications, and some more. Any application that helps an entrepreneur handle dreary positions like charging, booking, following, selling, or more can be known as a business application.

The most famous versatile application classification is gaming and it additionally accompanies the undeniable things of the out-of-this-world contest. Throughout the long term, gaming innovation has developed huge amounts at a time, with games recreating close to genuine encounters. The most arresting storylines as well as present-day gaming applications have similar illustrations, superior quality enhanced visualizations, and rich capabilities. 

Internet business or mCommerce applications are very well-known portable application classification and will keep on leftover for years to come. With lives becoming increasingly faster and people’s need for comfortable access to services at home, on-demand home services are becoming greatly popular. A simple example here would be the comparison between the online market that exists today, the one that existed almost a decade ago. The digital scenario has shifted massively with the internet era and only the businesses providing an extra edge will survive the competition. 

As we continue to evolve into a mobile-centric society, it comes as no surprise that mobile apps are at the center of the developmental push. Developing a mobile app can go a long way towards propelling your company into the hands of new customers and future business success. There are a massive number of applications available today, so much so that you can satisfy almost every basic need by just using your smartphone. With how many niches there are, there’s bound to be an audience for any application. Don’t hesitate, start looking for a team of professionals who can develop a perfect app for you!

[richardananth]

Why Your Business Must Use Mobile Payments

Financial transactions have traveled up a long way since the days of bargaining the products to the physical cash exchange. While cash, checks, and credit cards have all enjoyed their days in the sun, mobile payments are quickly becoming the payment method of choice. For a small business owner, the smart strategy is to move quickly to adapt to consumer trends. And, increasingly, customers are turning to mobile payments as their preferred way to pay. 

What’s the Point?! – Mobile payment is a transaction where the payment is initiated via mobile.

Existing Hindrances:

Every enterprise has its own set of hindrances when it comes to online payment solutions. These problems are majorly based on the business modules. Some of the businesses require to accept payments in installments, some of them are required to accept some percent of payments in advance, some of them even don’t have a website or online store but still need to accept online payments(maybe due to transportation problems), etc.

Payment collection orders are always changing and so are the invoices and receipts.

There is a lack of compatibility between payment acceptance solutions.

Many businesses need an external physical device or a third party application to accept money/payment online.

Growing security and fraud concerns about transferring /transacting online.

Provision of the payment methods requested by customers.

In true real-time processing, a combination of features, including integrated systems and gateways, addresses liquidity issues and minimizes delays, while preserving online transaction integrity. A payment processor that provides for immediate and individually processed transactions can open client accounts in more than one acquiring bank, thus avoiding the delays often inherent in automated clearinghouse processes.

How ePayment solutions come as a forerunner in supporting small businesses: 

Receiving payments online is one of the key factors to grow business and profits. There are multiple online payment methods to accept payments digitally.

List of digital payment methods:

Payment Gateways:

Integrating the business websites with a payment gateway allows businesses to collect payments online via processing credit/ debit cards and net banking. Payment gateways use platforms like VISA, MasterCard, etc. Integrating with a third-party payment gateway or Integrating with the bank’s payment gateway. In addition to these payment modes.

E-Wallets:

It is a popular mode of online payment which is similar to a prepaid account where a user can store his/her money for any future online transaction. The app is linked with customers’ credit/debit cards and requires a registered mobile number and a verification process.

E-checks:

E-check is an electronic version of a paper check. It is a form of online payment service where the money is passed through the ACH (Automated Clearing House) network and then electronically transferred from the customer’s account to the merchant’s account. This payment method saves both papers as well as time.

Payment links:

Many small businesses or startups don’t have a website. For such a scenario, payment links are the easiest, most secure, and instant way to collect online payments. They have advantages like split payments, tracking payments, bulk payments, sharing payment links via social channels, etc.

UPI:

Unified Payment Interface is a real-time bank to bank fund transfer application developed by NPCI, India. With a 2FA it provides a hassle-free online payment transaction.

Many small businesses have also embraced e-commerce, bringing their offline sales strategies online by formulating a unified commerce sales strategy. The rise in popularity of in-store pick-up, click and collect and contactless delivery are results of combining the ease of purchasing online with the convenience of picking up in person.

Referred to as social commerce, small businesses can also drive sales by advertising on social media platforms and linking these with their e-commerce websites. Social posts can reach a wide audience so making it easy to purchase from within these platforms for curbside pick-up or in-store pick-up is a great way to build a larger customer base.

Digital as the new normal:

Small businesses can no longer ignore accepting digital payments for commerce growth moving forward. If there’s only one thing on your payments strategy for the next year, make it to enable digital payments in all their forms. It’ll pay off in dividends. 

Bottom line:

Versatile installments make a positive and better client encounter and can assist with building a superior client relationship. Mobile payments are turning out to be increasingly more client situated and hopefully, that portable installments will show an expansion of a few creases in the coming years. Advanced Digital payment systems are those computerized electronic types of actual payment with different advantages for the organizations just as for clients. It is one of the safe, advantageous, and effective ways of paying for things without conveying various credit or charge cards, money, or coins.

In case you’re not previously utilizing a type of advanced e-payment for tolerating installments in your business, you need to begin now.  Just click here to get a free quote (or) write to us at sales@roamsoft.in

[richardananth]

Digital wallet helps small businesses

E-wallets are programming-based frameworks that permit clients to finish exchanges with another gathering electronically utilizing a PC or cell phone. The e-wallet solution can store the client’s installment data and passwords for a wide range of installment techniques just as having the option to hold different information like computerized coupons, store reliability card data, and enrollment limits. Some might fuse geo-finding and spring up notices and for certain wallets, you can even connect reports, for example, your driver’s permit or a wellbeing card. To put it plainly, digital wallet applications permit you to purchase things both on the web and in stores simpler, and computerized wallet security is superior to more conventional installment strategies and fundamentally disposes of the requirement for a customary wallet. 

Here are the top 6 reasons why small businesses should adopt mobile payment technology

1. Mobile payments are convenient

Mobile wallet apps are convenient, for customers, for merchants, and for the staff working for the merchant. With mobile payments, customers get lower waiting times, fast checkout, and eliminate the need to carry physical wallets. This helps in increasing customer experience and satisfaction.

2. Mobile payments are secure

Mobile wallet apps are secure as they have multiple security layers including dynamic encryption. Various advanced methods are being integrated to make these transactions secure and keeping sensitive credit card information safe. With security measures like PIN, biometric, etc. mobile payments are considered to be more secure than EMV chip card payments.

3. Mobile Payments can boost your sales and expand your business

Online Mobile wallet apps allow your business to accept payments online and virtually anywhere and everywhere, expanding your business footprint. These tools save your time fumbling with cash and trips to the bank, which in turn allows you to focus on providing excellent customer services and boosting sales.

4. Mobile Payments can reduce merchant’s expenses

Mobile wallet apps allow you to send and accept money via mobile. It eliminates the need for any physical devices that need to accept the payments. Merchant’s mobile can be converted to a POS or card reader just by installing an application. Merchants can send invoices and receipts via email or share them via messaging app eliminating the need to print them and subsequently need for paper and ink. By accepting mobile payments online, businesses can reduce bank charges and overhead costs.

5. Mobile Payments offer powerful management tools

Mobile wallet app services offer different management tools. From bookkeeping to tracking and managing the transactions, generating and sharing the invoices, generating and sharing digital receipts, data entry, etc. with the help of mobile payment applications, businesses can track the customer trends and inventory. Merchants can use this information to understand customer demands and improve services and increase sales.

6. Mobile Payments can improve the customer experience

Using mobile wallet apps to accept payments makes it easier for customers. It provides an opportunity for customers to pay at any time and it speeds up the checkout process, impacting the entire customer experience. It gives the opportunity to engage with customers, which is an essential step for increasing brand loyalty.

Summing up,

Mobile payments create a positive and better customer experience and can help to build a better customer relationship. They are becoming more and more customer-oriented and let’s hope that mobile payments will show an increase of two to three-fold in the coming years. Digital Wallet applications are those digital electronic forms of physical wallets with various benefits for businesses as well as for customers. 

It is one of the secure, convenient, and efficient ways to pay for things without carrying multiple credit or debit cards, currency cash, or coins. If you’re not already using some sort of digital wallet for accepting payments in your business, you need to start now. This is what today’s consumers and market demand for.

Are you looking for an E-wallet app solution for all your Business?  Just click here to get a free quote (or) write to us at sales@roamsoft.in

[richardananth]

Necessity of Online Grocery Apps

One thing without which people cannot live these days is their smartphones. Today, it is estimated that more than 5 Billion people have mobile devices, out of which half of them are smartphones. As per Statista, “The number of smartphone users in India was estimated to reach over 760 million in 2021, with the number of smartphone users worldwide forecasted to exceed to 3.8 billion users in 2021.”

Mobile apps play a major part in making smartphones popular. Right from gaming and food ordering apps to salon and grocery delivery apps, we have everything at the tips of our fingers today. This exclusive combination of smartphone and mobile apps have made everything so convenient, which customers are simply loving. Today, we are going to speak about online grocery apps, which is one of the hot markets right now.

 Everyone shops groceries, and now since such quality grocery delivery apps are available in the market, it has become much easier for the customers to get everything right at the comfort of their homes. The benefits of online grocery apps are impressive. It is a perfect solution for those facing hectic work schedules or those who adore comfort. It seems normal to go to the store and buy groceries, however, for some, it is a task, which they don’t have time for. Besides, the COVID-19 crisis will also have to be kept in mind now – that’s inevitable.

This is where the on-demand grocery apps come to our rescue. You simply have to choose the things that you wish to buy, add them to your cart, make the payment through a variety of gateways and then get the grocery delivered at your doorstep. Afterall, there is a reason why people are investing in grocery stores nowadays.

Let’s analyze the necessity and benefits of online grocery apps in more detail.

The necessity of Online Grocery Apps

Necessity 1: Lack of Time

With a 40-hour workweek, it might seem impossible for many to prepare the grocery shopping list, go to the store, and spend hours shopping for groceries. It seems like we are running a race against time. The credit should be given to the incredible benefits of online grocery apps, which have made our lives much easier and more convenient.

Online grocery apps not only offer the convenience of doorstep delivery but they also get the option of handpicking from a variety of choices, which might not be available in a normal brick and mortar store.

Also, other options like delivery tracking, rescheduling helps people plan their day in a way that they can easily pick the delivery of groceries.

Necessity 2: Competitive Rates

Almost every player in the grocery delivery market allows us to enjoy the same benefits of online grocery apps. However, there is a difference in the design and the features, which makes every app unique. What also differs is the prices at which the items are offered on the online grocery delivery apps.

The online grocery delivery market is hot right now, and the prices are competitive. However, the prices have diminished overall due to the crisis going on now. Also, grocery stores have higher rates as compared to online grocery apps. That means relying on the benefits of online grocery apps is much valuable.

One of the benefits of online grocery apps also tends to get the opportunity of selecting from a wide range of products. For instance, if you wish to buy bread, you can go for different options like multigrain bread, brown bread, milk bread. Not only do you get a variety of products, but also products at reasonable prices.

 Necessity 3 – Saving the hassle of travel

Amongst all other benefits of online grocery apps, this is the most important one. Not all of us have time to go to the store and purchase groceries. For them, an online grocery app is a highly reliable option, as that is a perfect option to save the time of traveling to the grocery store.   

People don’t necessarily have a grocery store nearby every time; hence the online grocery app will make a big difference in such cases. Also, people even might have to travel miles to fetch daily groceries. The online delivery app helps in saving multiple hours of not only traveling but also the time of browsing through items, handpicking the items, waiting in queue for payments, and so on.

Having a wholesale grocery app can help you in getting groceries at the best price, without losing your convenience and time. Hence, it is a great deal for every customer, who wishes to save time and money.

Necessity 4 – Buying in bulk with ease

Buying in bulk is a nice way to cut down the costs. However, not everyone stocks up things like that. It takes up extra space and effort to carry such stock at home. But the benefit of grocery online app is that you can easily order the bulk of orders from the online grocery apps. Online shopping comes as a lifesaver here. You can simply add the bulky products to your virtual shopping cart and they will be delivered right at your doorstep, without any hassle.

Necessity 5 – Cutting the gas and parking costs 

When you are buying your grocery online via your grocery online app, you are saving more fuel, cost, and effort. Now you must be thinking how big an amount can that be? Well, if you add up these miniature amounts together for a year, it can sum up to a big chunk. Also, let’s not forget the time that goes into finding a parking spot, and then the whole time spent in the grocery store altogether.

Now, that we have discussed the necessities in detail, let’s hop on to some of the benefits of grocery online app shopping.

The Benefits of Online Grocery Apps

Let’s delve deeper to understand the benefits of online grocery apps:

Benefit 1 – Greater flexibility

One of the primary benefits of online grocery apps is to discover a whole new range of products. Users can discover a wide range of products within their customized filters, explore the specifications, and do a lot more with the online grocery app. They also get to handpick from multiple options, in all price ranges. So, rather than choosing from limited options and settling for something more expensive. There is more comparison as well, you get to choose and compare what suits more to your budget. And, that’s an incredible benefit of an online grocery app that one can enjoy.

Benefit 2 – Shop by History/ Repeat Orders

Another benefit of the online grocery app is that you can easily repeat orders. For instance, you have ordered a few grocery items in the past, and you wish to order them again, then you will not have to go to the search option and buy it again. You just need to go to the ‘history’ of the cart and order the items again. You don’t have to keep picking order items repeatedly, all the time. This can be a lifesaver, especially for items, which you believe you will be buying again and again. Simple go to the history options, add the items to the cart, and make the payment; that’s easy it is.

Benefit 3 – Budget Control 

We all run on a tight budget, at least once in a lifetime. Hence, we all look for certain discounts, coupons, or deals to make online shopping an easy experience for you. Also, it is easy to go over budget when you’re buying impulsively such items in bulk. Hence, there is a need to control the budget, especially when buying groceries. The benefit of an online grocery app can be experienced using deals, discounts, and offers available only on the app. Hence, when ordering from the grocery app, you can control the budget and save some money too.

Benefit 4 – Stay Organized

Traditionally, people used to prepare a grocery list every month before shopping. Now, the online grocery app has made it easier. All you need to do is select all the items from the list on the app, add items to the cart, and make payment via your chosen payment method to order it at the comfort of your home. Besides, you even have the ease and the comfort of ordering your favorite groceries at the comfort of your home.

There is even an option to conveniently reuse the list rather than spending time and effort in creating one. Hence, it is easy to stay organized and manage the grocery list and order items, when you have an online grocery app available on your smartphone. Staying organized is another benefit of using the online grocery app.

Benefit 5 – Increased customer loyalty

App originates convenience for the customers. With an online grocery app, you can order everything right at the comfort of your home. So, when customers get such comfortable services, it is apparent that customers will stick to the business. Hence, better customer retention and loyalty can be experienced. People will wish to use the app again and again if they continue to receive such comfy services at their homes. Amazon and Walmart are some good examples of the same. They have managed to deliver some comfy services to their customers, and as a result of which they are experiencing a massive customer base, who are loyally supporting them in growing their business.

Benefit 6 – Easy Track of Expenditures

Shopping via your own online grocery app could be a long-term money savior. Wondering how? The total cost is generally visible in the cart all the time. So, there are lesser chances that the final order price will go out of your budget.  Besides, you will always have a few discount coupons to save some money on the orders, which means there are higher chances of staying within your budget rather than spending more on unwanted items, which generally is the case when you go to grocery stores. Hence, the benefit of an online grocery app can be enjoyed in form of easy expenditure

Benefit 7 – Price Comparison is Easy

You can’t really control the prices of different grocery stores; however, you can always compare the prices to ensure that you are buying groceries at the best price. Utilize the benefit online grocery app by comparing the prices of numerous grocery stores, and then pick the most reasonable one for yourself.  The environment on the app is pressure-free, where you have all the freedom to choose the best price for yourself. Hence, not only the money is saved, but even your time is utilized aptly, as you don’t have to visit the stores to know about the prices.

 Benefit 8 – Shop as Per Your Convenience

Grocery app allows you to shop for groceries as per your convenience. So, let’s say you have a particular time to shop for groceries – you will not need to go to the store to get essentials. Just get the list ready and add to the cart everything you wish to order before finally buying everything. There is barely any need to check the working hours of the store. You can place the order using the grocery app even when you are chilling, playing with your kids, or even during the lunch break hour. It is easy to shop when using the online grocery app; as per your own convenience and time.

Benefit 9 – Double Check the List

On your online grocery app, you always have the option to double-check the grocery list. When buying from the store, there is a possibility of missing some items, for which you might have to repent later on. Alternatively, when you are using the online grocery app, there is barely any chance of missing any product from the list. Even if you forget to order anything, it can be easily added to the cart again and ordered. Forget about calling someone and asking them to pick grocery items for you, the online grocery app is going to do that all.

Are you looking for a custom grocery app solution for all your store?  Just click here to get a free quote (or) write to us at sales@roamsoft.in

[richardananth]

Benefits of Point of Sale Systems for small businesses

Still, hanging out with the cash register and traditional methods to manage all the retail businesses? If YES!! It’s time for you to transition from the conventional way to the digital one. POS systems are revolutionizing the world with huge benefits. POS systems are user-friendly and more cost-effective than ever. When it comes to small businesses and retailers, it helps them to manage the day to day sales and inventories. POS comes as the prime point for all business activities. So let us dive into some of the benefits of POS systems.

POS & Its Advantages:

Real-time view:

POS system provides the real-time analysis of the business process. It offers comprehensive information about the company’s various facets which will help to make informed decisions.

Increased Efficiency:

When the cashier is provided with the right tool to support their work. It will be obvious to leverage the business more efficiently.

Easy to use:

Analog technologies are drastically getting diminished which paves the way for digital technology to conquer the minds of the audience so, with an intuitive interface, POS systems are easy for learners to learn, thus shortening them to reduce the training time and helping them to become more efficient at the workplace.

Instant access:

The ability to access your POS solution from anywhere is now a necessity and at any time. Small businesses need to be able to work from home or are crucial for instant access while travelling.

Speeding payments:

Using a POS program to build a more efficient checkout process will let customers know that they can get through the lines easily. That can mean the difference between choosing your potential customers and competing.

Improved Customer Experience:

You need to be able to give your customers accurate information about product quality and availability. EPOS systems hold real-time inventories, so you can perform a quick stock search while you’re standing with the customer on the shop floor. You can also order items directly from your supplier, and then tell the customer when their purchase will be available for collection.

Inventory Management:

POS systems link shop-floor sales with inventories in real-time. Every time a customer purchases a product, the inventory records on the system are updated immediately. Whether a sale is scanned or inputted manually, the system’s database updates stockholding records accordingly.

Sale Analytics:

Assess sales performance on individual lines, product categories, departments and the business as a whole using various charts and graphs. You can then make strategic decisions in the knowledge that you’re doing so on the basis of accurate sales data.

The average EPOS system is capable of storing huge amounts of data on the shopping habits of customers. You can use this information to create targeted advertising strategies you know will reach the right people. For example, you can offer the right incentive to a customer, based on their previous buying habits. And you’ll know exactly who might be receptive to your latest products and special offers.

Market Growth:

According to Grandview Research, The global point of sale software market size was valued at USD 9.26 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 9.5% from 2021 to 2028. The COVID-19 pandemic negatively affected several business sectors including retail, restaurant, travel, and entertainment, subsequently affecting the profitability of point of sale (POS) software vendors. However, increased demand for contactless payment options came as respite, creating a favourable scenario for market players. Although the pandemic had an adverse impact on several sectors, a few industries including retail and restaurants sustained due to online shopping and food delivery systems. The shift to online sales led to a rise in the number of online food deliveries and groceries that favoured the demand for contactless payment getaways.

Bottom line:

As I have rounded up with some of the prime significance of point of sale systems across small businesses. So, it is evident that the point of sale system is going to leverage productivity, improve the end result and have a rapid return of investment. EPOS systems are rarely bought off the peg. They are tailored to the specific needs of the business in question. Whether they utilise traditional registers, mobile devices or a combination of the two, they can be adapted to any type of customer-facing business.

It is evident that POS systems have helped streamline business processes to a great extent. Small businesses should be in line with the best POS practices by implementing one for themselves right away. To find the best POS systems for small businesses, we reviewed several factors, including subscription prices and fees, hardware types and costs, payment processing options, and features. After searching through more than two dozen POS providers, we narrowed it down to winners in specific categories by the best POS systems for things like e-commerce, inventory management, and retail use.

Are you looking for a custom ePOS solution for all your restaurants?  Just click here to

get a free quote

(or) write to us at sales@roamsoft.in

[richardananth]

Why White-Label Food Delivery App Is The Best

We live in a period of super-quick PCs and cell phones. Virtual shopping has seen a flood like no other. E-retailers and online deals have soared, hence making a greater inventory network of things that individuals need. With cutting-edge coordination and the following help, internet business has made shopping truly simple with its web-based applications. Clients are capable of utilizing applications and favor shopping by means of applications to really visiting stores. This is the place where a white mark food conveyance application comes into the image as the food delivery app.

Today, you can get every conceivable thing conveyed. From food, prescriptions to garments, shoes, and even hardware, all things considered. It is the need of great importance for each business to have an incredible web-based presence to satisfy market requests without any problem.

What is a White Label App?

Since requesting day-by-day needs online has become omnipresent today, conveyance applications have been on the ascent. Food, drinks, food, and ordinary things for homes are mentioned and followed through consistently. For new organizations in this space, a white name application can be a genuine gift.

Reason for a need for a white-label food delivery app?

Be it a cooking administration, a food commercial center, or even an eatery business, a white label application can completely change your business cycle. Fully intent on giving you the necessary launchpad that you need to launch your web-based business, a white name application has such a great amount to bring to the table.

White label solutions are an ideal choice when planning to launch a food delivery app. Opting for a white label food delivery app can enable companies to channel the distribution of their services. Having a white-label food delivery app enables service providers to access a wider network via reseller partners. This helps resellers expand their service lines. The providers do not have to invest time and money in the production of goods from scratch. Also, companies can present their customers with a range of options to choose from and build a wider customer base.

Boosts Brand Visibility:

Creating a brand identity is a challenging task in today’s highly competitive food industry. This is where a white label food delivery app comes in handy. A white label solution can entail a variety of benefits and enhance the productivity of the service.

Choosing a white label solution is a prudent and quick way to get your food delivery startup in front of your target audience. Entrepreneurs can add new features to a white label solution and customize it as per their business requirements.

They can advertise their products and set pricing plans as per their needs to generate more revenue. All in all, reaching out to customers and promoting new products becomes easy with a white label solution.

Saves Time

Launching a white label food delivery app can help entrepreneurs save development time. If you choose to build your food delivery app from scratch using a custom solution, it will require a considerable amount of time for brainstorming on design, architecture, testing, and more.

Moreover, developing an app for your food delivery business could take months even if you have a mobile app development team. For a quick product launch, selecting a white label solution could be profitable. The development time saved could be spent on promotional and marketing activities.

Reduces Development Cost

The process of creating a food delivery app not only takes time but also demands a lot of effort and development costs. From programmers to testers, a mobile app development team involves several members. Therefore, hiring an entire mobile app development team could be expensive.

Instead of wasting time and money developing software from the ground up by hiring a professional team, entrepreneurs must select a ready-made solution. Opting for a white label solution will help them cut huge development costs.

Planning to step into the online ecosystem with your food business? Then, just click here to get a free quote (or) write to us at sales@roamsoft.in

[richardananth]

An Overview of Blockchain Development in Roamsoft for 2022

With the world around us fast evolving in the digital space, it is inevitable for any computer software solution provider to not recognize the power of emerging technologies. Yes, BlockChain is too powerful. This rapidly adopted decentralized ledger has gained the trust of digital assets. This article is aimed at giving a quick read on the history, mechanics, and powerful uses of Blockchain technology and its adoption at Roamsoft.

What is BlockChain?

Through the use of decentralization and cryptography, Blockchain, also known as Distributed Ledger Technology, is a cumbersome algorithm that makes data alteration almost impossible through the use of decentralization. This complex data security algorithm was originally developed in 2008 for use in the well-known cryptocurrency BitCoin.

BlockChain features

1) Never Get Corrupted.

Every node on the network has a copy of the Digital Ledger. To make a change, every node needs to check its validity. If the majority thinks it’s valid, then the data change is accepted. This makes the data changes transparent and corruption-proof.

2) Decentralized Data

The entire technology is so that the data is distributed among members, but not copied or transferred. The network is created in such a way that there is no single governing authority or single person looking after the framework.

3) Cryptographic Hashing

A blockchain consists of multiple blocks that are linked together in a chain using hashes. It is an algorithm that takes an arbitrary amount of data input and produces an enciphered text called a hash. Adding or altering data on a blockchain takes an enormous amount of time and computing power.

4) Enhanced Security

Each block is linked to the rest of the elements through complicated hashes. Making a change to any block in the chain necessitates changes not only in that block but also in all subsequent blocks. As it eliminates the need for a central authority, no one can simply change any characteristics of the network for their benefit.

5)  Consensus Mechanism

The architecture is cleverly designed, and consensus algorithms are at its core. Every blockchain has a consensus that helps the network make decisions. A consensus mechanism refers to methodologies used to achieve agreement, trust, and security across a decentralized computer network.

Potential Uses of BlockChain in Product Development

The hope in blockchain for data security has broadened to other sectors like the media, government, and identity security. Thousands of companies are in research and development to launch products and ecosystems that run solely on this mind-blowing technology.

In India, blockchain solutions have found the most takers in the banking, financial services, and insurance industries. The public sector has also been actively using this technology for use cases such as land title registry, vehicle lifecycle management, farm insurance, and electronic health record management. 

The Advantages of Using Blockchain Technology in Your Business

We at Roamsoft Technologies have studied the significance of BlockChain in building innovative products and are all set to embrace this tamperproof and powerful data security technology in enhancing and upscaling our software business and its product suite for these solemn reasons.

i) To incorporate proven latest technologies, software products should be in continuous maintenance and upgrade cycle!

ii) In today’s world of black, white, and grey-hat hackers we live in, data security is a dire need, and blockchain technology is the best solution. Let us also use state-of-the-art software tools and deliver the best products!

Blockchain technology is revolutionary. It will make life simpler and safer, changing the way personal information is stored and how transactions for goods and services are made. Blockchain technology creates a permanent and immutable record of every transaction.

This impenetrable digital ledger makes fraud, hacking, data theft, and information loss impossible. The technology will be helpful for every industry in the world, including manufacturing, retail, transportation, healthcare, and real estate Companies. Nearly $400 trillion across various industries is set to be transformed by blockchain.

Are you planning to take your business to the next level by implementing blockchain technology? Then, just click here to get a free quote (or) write to us at sales@roamsoft.in

[richardananth]

What is the need for IT security and CyberSecurity?

Computer security, cybersecurity or information technology security (IT security) is the protection of computer systems and networks from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

IT security is a set of cybersecurity strategies that prevents unauthorized access to organizational assets such as computers, networks, and data. It maintains the integrity and confidentiality of sensitive information, blocking the access of sophisticated hackers.

What is Data Security?

Data security means protecting digital data, such as those in a database, from destructive tampering and unauthorized access. Hardware based security or assisted computer security offers an alternative to software-only computer security.

Common examples of:

Data encryption

Tokenization

Key management

Data loss prevention

Data classification

Data accees management

What is the need for network security?

Network security is the practice of securing a computer network from intruders, whether targeted attackers or opportunistic malware. Application security focuses on keeping software and devices free of threats. A compromised application could provide access to the data its designed to protect.

What is Internet security

Internet security involves the protection of information that is sent and received in browsers, as well as network security involving web-based applications. These protections are designed to monitor incoming internet traffic for malware as well as unwanted traffic. This protection may come in the form of firewalls, antimalware, and antispyware.

What is Critical infrastructure security:

Critical infrastructure security consists of the cyber-physical systems that modern societies rely on.

Common examples of critical infrastructure:

Electricity grid

Water purification

Traffic lights

Shopping centers

Hospitals

What is Application security:

You should choose application security as one of the several must-have security measures adopted to protect your systems. Application security uses software and hardware methods to tackle external threats that can arise in the development stage of an application.

Applications are much more accessible over networks, causing the adoption of security measures during the development phase to be an imperative phase of the project.

Types of application security:

Software development

Application testing

Code review

Vunerablity and penetration testing

What is Network security:

Network security ensures that internal networks are secure by protecting the infrastructure and inhibiting access to it.

Common examples of network security implementation:

Extra logins

New passwords

Application security

Antivirus programs

Antispyware software

Encryption

Firewalls

Monitored internet access

8 Cyber Security Best Practices for Business

Use a firewall

Document your cybersecurity policies

Plan for mobile devices

Educate all employees

Enforce safe password practices

Regularly back up all data

CyberSecOp offers peace of mind when it comes to privacy and security. Ensuring data security in the cloud or onpfremisies , compliant and protected by best-in-class security: your data, and the tools you use to harness it, can truly empower your business.

Know More: https://cybersecop.com/it-security-consulting-services

[richardananth]

Chennai-based fintech startup IppoPay provides Payment solution to SMEs, Freelancers and Homepreneurs.

“Chennai-based fintech startup IppoPay is a payments aggregator that enables small businesses, SMEs, freelancers, and homepreneurs in Tier II, III, and rural areas to collect payments with its POS software.”

“Ippo in Tamil means NOW. So IppoPay means Pay Now,” says Mohan K, Co-Founder and CEO of Chennai-based IppoPay.

Mohan explains that the fintech platform lets businesses accept payments via its POS software. It also helps businesses to get invoices along with statistics on business, engagement with customers, and more.

IppoPay needs no payment terminal, POS, or swiping machine. Merchants can generate QR codes using its mobile app.

“The problem with other popular payment options is that there is no business book record. IppoPay lets businesses manage payments, track payment details, and send a payment link via SMS/email to customers.

“Our platform can also be used to manage subscriptions, automate recurring billing, and get notified for all payment-related activities. There is no setup fee; we have a flat unit pricing model,” Mohan says.

The founder adds that most payment aggregators focusing on APIs and small-scale entrepreneurs are not adequately acquainted with the process of virtual transactions and find technology integration overwhelming.

“IppoPay directly targets merchants and vendors, exposing them to digital payments with its simple, user-friendly interface,” he adds.

The founder claims that the platform has done transactions to the tune of Rs 1 crore within two months of launch. It is seeing month-on-month growth of 40 percent, with the pandemic “only adding to growth rather than impacting it negatively”.

From programming to starting up

  Mohan hails from a family of fishermen residing in Thamaraikulam, a small village in Rameshwaram, which is about 500 km from Tamil Nadu’s capital Chennai.

“I did my schooling from the government secondary school in Tamil medium. In 2006, I graduated from Md Sathak Engineering College and came to Chennai to make a living,” he recalls.

Mohan joined a small company as a programmer, but he was always keen to do something of his own. In 2010, he launched a web development company, which started garnering revenues shortly after launch. Not long after, he became the “local fintech guy”.

“I integrated more than 50 payment gateways. As time went by, I was getting more involved in fintech, wondering how things work…by that time, my web development company had taken the shape of a software development company,” Mohan says.

In 2018, Mohan went to a fintech event in the UAE with the express idea of getting more clients and funding. He met Dubai-based entrepreneur Omar Bin Berk, who invited him to become Co-founder and CTO of a company called Foloosi and build the tech to solve last-mile fintech problems in UAE.

Foloosi enables businesses to get paid using QR code, payment link, or payment gateway without the need of a POS machine. 

“I was expecting an income prospect, but this opportunity required an investment as a CTO who would build a team in Chennai and get the product out in UAE,” Mohan recalls.

Foloosi was a bootstrapped venture, and Mohan only had personal savings at that time. “I decided to transfer the savings – a few lakh - to the company and started working on building Foloosi in April 2018.”

Mohan says it took him one year to develop the payment gateway product. Foloosi was officially launched in February 2019. “The first month fetched us transactions of 10,000 AED and we crossed 15 million AED over 12 months,” Mohan says.

The venture worked, and soon onboarded about 1,000 merchants and garnered angel funding of half a million dollars to expand the business in UAE.

Mohan then had an epiphany: why wasn’t he bridging this gap in India?

He soon decided to create a similar fintech solution focused on small businesses for Bharat, starting from his home state, Tamil Nadu.

“All payment aggregators are from Bengaluru, Mumbai, or Gurugram and support businesses in English or Hindi. That led me to think that our gateway should be in a local language such as Tamil to be user-friendly,” he says.  

Mohan launched IppoPay in June 2020 to cater to Tamil Nadu. He roped in his childhood friend JaiKumar as a Co-founder and CTO, and set up a team of 15 members. IppoPay is a bootstrapped startup and the founders have invested Rs 50 lakh into the company so far.

Targeting small merchants and SMEs

The Chennai-based entrepreneur says some of the IppoPay’s clients include milk vendors, newspaper boys, chit fund companies, and others in Tier II and III cities in Tamil Nadu.

“These people manage their payments only through paper. We decided to create a mobile app and offer a subscription plan in their language,” Mohan says. 

Mohan says the team also surveyed freelancers and SMEs, who need to buy invoice software to accept payments.

“They have to use invoice software like Zoho, QuickBooks etc to manage payment details and spend around Rs 2,000 per month. We made an innovation, developed the invoice software with quotation, pro forma, and invoice to accept payments.

“We provide proper accounting software, customer management with a complete book record, and tracking of payment details,” Mohan says. “We provide an Android/ iOS app to handle all payment-related activities in the mobile app.”

Plans for the future

Going forward, Mohan wants to diversify the offering and help businesses in Bharat. Proud that his startup is in in line with Prime Minister Narendra Modi’s call for an Aatmanirbhar Bharat, he shares that IppoPay is currently working on simplifying social commerce so any entrepreneur is be able to create an online store in minutes. 

“In Tamil Nadu, most married women are homepreneurs. They need an ecommerce platform but hiring a development company is tough. Platforms like Shopify are available, but they need to pay. IppoPay fills that gap – in Tamil,” he says.

Mohan says the company’s vision is to enable small businesses, freelancers, and homepreneurs, especially in Tier II, III, and rural areas to run a digital business. He aims to focus on Tamil Nadu for now, and then enter other states.

“We want to focus on our market, scale up our business and technology, find our mistakes, and overcome them. We want to be the market leader in Tamil Nadu by the end of 2021 and go pan-India later,” Mohan says.

Source: https://yourstory.com/2020/09/fintech-startup-ippopay-payments-aggregator-small-businesses-tier-ii-iii-india?utm_pageloadtype=scroll

[richardananth]

[richardananth]

[richardananth]