Qynx: Offline Payments as a Service

Qynx provides a comprehensive managed service model that significantly lowers acquirers’ capital expenditure. Our innovative platform streamlines all business and operational aspects of offline (QR and Soundbox) payment processing, enabling acquirers to focus on their core business functions.

Key Capabilities

Qynx offline UPI acceptance capabilities offer a comprehensive solution for banks and payment aggregators to enable merchants to accept UPI payments through QR codes and soundboxes.

AI-enabled merchant onboarding process

A fully compliant and automated merchant onboarding, enhancing the merchant experience and trust while reducing fraud risk. This allows acquirers to efficiently oversee their merchant portfolios.

Complete device lifecycle management

Qynx supports shipment, logistics, monitoring, and support for QR and Soundbox improving operating efficiencies.

Efficient transaction management

Built-in transaction switching capabilities, allowing banks to offload traffic from their primary switch, ensuring a seamless and reliable transacting experience.

Actionable Analytics

Deep-dive insights into transactional, operational, and business dimensions help acquirers optimize portfolio profitability.

Self-Service Merchant Application

Enables merchants to manage critical business operations on the go such as generating QR codes, viewing transaction history, and raising queries or complaints.

Qynx Bank Admin Portal

Simplifies operations and provides acquirers with enhanced control, visibility, and efficiency in managing an expansive device estate, with functionalities including inventory management and device monitoring.

Value We Deliver

Expand Reach

Qynx helps acquirers onboard merchants in 500+ cities, expanding market reach and increasing transaction volumes.
Upsell and Cross-sell Opportunities

Banks can offer merchant services like working capital loans & current accounts, boosting relationships and bank revenue.

Cost Optimization

Qynx saves costs by optimizing device logistics and inventory, reducing the bank’s focus on operational challenges.
Reduced Administrative Burden

Qynx automates compliance checks, easing the burden on acquirers and allowing banks to focus on growth.

24/7 Helpline

Round-the-clock support resolves issues promptly, minimizing downtime and enhancing overall merchant satisfaction.
Rapid go-live time

Allows merchants to start accepting UPI payments almost immediately after onboarding, accelerating business operations.

Same-day settlement

Quick fund transfer enhances liquidity for merchants, allowing them to manage their finances more effectively.
Self-service app

A user-friendly app that empowers merchants to manage their accounts, view transaction histories, and more.

NPST Qynx

Enabling merchant acquirers to offer UPI offline payment acceptance at scale.

Value We Deliver