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'Bijlipay' First PoS Machine Maker to Enable Bharat QR to 12,000 Merchants

RBI says the Bharat QR Code is the world’s first inter-operable payment acceptance solution.

Photo Credit : wirecard.com,

Bijlipay, an end to end digital payment solutions company, is the first Indian Point-of-Sale (PoS) devices providing company to enable Bharat QR code on the screens of its PoS machines. According to RBI, the Bharat QR Code is the world’s first inter-operable payment acceptance solution. Bijlipay targets to make the facility available to another 50,000 merchants by year end

Pradeep Oommen, CEO, Bijlipay, said, “We have been providing secure and robust mPoS machines which are certified on stringent European standards to aid the honorable Prime Minister’s digitization drive. The intent is to make these PoS machines smarter which as yet were used only for physical card acceptance. We realized that in this transition from cash to cashless, there are various modes of payments for different people across geographies and demographics. A machine that enables various modes seems like the best solution to meet all needs. And hence as a first step, we introduced the much awaited Bharat QR code on our existing card swiping machines.”

Bijlipay firmly believes that it’s not just providing digital payments devices that will cultivate the habit of cashlessness in Indians. It will take a lot more of hand holding, education and awareness to see the actual conversions to digital payments in tier 2, 3 cities. Hence Bijlipay ensures that they provide for an end-to-end solutions involving demos, documentation, installation, training, risk profiling, reconciliation, settlement and analytics. It’s not the number of machines in the market that gives the true picture on digital payments, it’s the volume that each machine processes which sets the right parameter for a successful digitization of payments.

Bijlipay is poised for more growth in the digital payment space, and is planning to launch several digital payment solutions in the Indian market. Apart from acquiring solutions like m-POS and GPRS POS, and ‘Swipe4Cash’ mini ATM products, Bijlipay also provides a best in class issuance platform for prepaid card, forex cards and gift cards 

Parent company of Bijlipay, Skilworth Technologies Pvt. Ltd., was established in the year 2012. The company is headquartered in Chennai, with a vision to serve small, medium and large businesses through innovative payment solutions in emerging markets. Its go-to-market brand Bijlipay, started offering m-POS solutions in India, since July 2014.

Bijlipay was founded by a team, with over 50 years of collective experience in payment processing industry across the globe. The leadership team comprises of ex CITI, Amazon Payments, Amex, Global Payments and HSBC employees. The main focus area is to facilitate scalable payment solutions to banks and merchants thereby strengthening the cashless ecosystem and enabling digital inclusion.

Bijlipay has since disrupted the market, adding thousands of merchants through its holistic approach to product and service. Bijlipay’s payment solutions are enabled by the technology of Wirecard AG, Europe's leading payments company and in partnership with India's leading public sector banks.


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