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Mobile Payments

TCS launches platform to assist retailers integrate payments

Friday 28 April 2017 | 11:51 AM CET

Tata Consultancy Services (TCS) has launched Merchant Pay to help retailers integrate payments across multiple channels like Aadhaar, credit and debit card as well as phone-based payments through a single interface.

Merchant Pay will allow consumers to transact by using fingerprint and confirming identity at stores that are enabled with this platform.

The Merchant Pay platform will effectively integrate with various banks to provide multiple-mode payment options to suit one's own business model and provide a unified view of all payments.

Additionally, it will serve as a business analytics platform for strategic business decision making to reduce cost of payment.

The solution will facilitate analytical report based on transaction pattern analysis.

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