Axis Bank, renowned for its technological advancements, has taken a significant step forward with the introduction of Sarathi, a state-of-the-art digital onboarding platform tailored for POS terminals. With the increasing popularity of digital payments and the surge in demand for POS services, this platform is set to revolutionize the way merchants get started with their payment acceptance journey.
Traditionally, the process of onboarding merchants for POS terminals involved tedious paperwork, multiple visits to the bank, and time-consuming documentation. Recognizing the need for a more efficient solution, Axis Bank has developed Sarathi, a user-friendly and digitally-driven platform that simplifies the entire onboarding experience.
Merchants can now complete the onboarding process entirely online, saving valuable time and effort. Sarathi allows merchants to submit their application and necessary documents electronically, eliminating the need for physical paperwork. The platform also provides a seamless integration with the bank’s systems, ensuring a swift verification and approval process.
With Sarathi, merchants can enjoy a hassle-free activation process for their POS terminals. Once the application is approved, merchants receive detailed instructions and guidance on how to set up their terminals, making the entire process straightforward and user-friendly. This digital onboarding platform offers a significant advantage for businesses, enabling them to start accepting digital payments promptly.
Furthermore, Axis Bank has ensured that Sarathi complies with the highest security standards. Merchants can trust that their data and information are handled with utmost confidentiality and protected against unauthorized access.
Speaking about the launch, Mr. Amitabh Chaudhry, MD & CEO of Axis Bank, expressed his enthusiasm for the new digital onboarding platform. He emphasized the bank’s commitment to delivering innovative solutions that enhance the banking experience for its customers. Sarathi is a testament to Axis Bank’s continuous efforts to leverage technology and simplify processes, catering to the evolving needs of businesses in the digital era.
With the introduction of Sarathi, Axis Bank aims to drive digital adoption among merchants and facilitate the growth of digital payments in India. The platform’s efficiency, security, and ease of use will undoubtedly contribute to a seamless and convenient onboarding experience for merchants across various sectors.
In conclusion, Axis Bank’s Sarathi is set to transform the onboarding process for POS terminals, enabling merchants to embrace digital payments more swiftly and efficiently. This innovative platform signifies Axis Bank’s commitment to technological advancements and customer-centric solutions, empowering businesses to thrive in the digital economy.