Small Merchants, Big Benefits: How UPI Payments are Boosting Sales and Revenue

Tackling day-to-day operational challenges for merchants: A need for fintech-bank collaboration

Discover how implementing omnichannel payments can revolutionize your business growth.

Explore how traditional banks are regaining ground over fintechs post-2008 crisis, driven by regulatory expertise, trust, physical presence, and adaptability.

During the last five years, India's digital payment volume has increased at an annual pace of over 50 percent.


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India's QR Code revolution is set to increase manifold with the introduction of Bharat QR – interoperable QR.




As of Sep'23, 492 banks are live on UPI which have contributed to 10,555.69 million transactions in Sep’23 worth 15,79,133.18 crore 

ABCD Of Unified Payments Interface (UPI)

Did you know that UPI, which made its debut in 2016 with only 21 banks, experienced nearly 0 transactions for four months consecutively?

Gamification serves not only as a tool to engage users but also as a psychological strategy aimed at enhancing their emotional connection through entertaining and interactive rewards. 

Gamification serves not only as a tool to engage users but also as a psychological strategy

How QR Codes are Transforming Local Business Payments?

In today’s digital age, the internet has revolutionized the way consumers make their purchasing decisions. A a new currency of trust has emerged: customer reviews. 

Bharat QR is a Person to Merchant (P2M) mobile payment solution jointly developed by the National Payment Corporation of India (NPCI), Visa, Mastercard and American Express in September 2016. Bharat QR was officially introduced in India on February 20, 2017, with R. Gandhi, the Deputy Governor of the Reserve Bank of India, leading the launch. 

In today's rapidly evolving business landscape, merchants are constantly seeking innovative solutions to streamline operations, drive sales, and enhance customer

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Discover tailored strategies for small business success, emphasizing time management, communication streamlining, and tech integration. You can unlock your business's full potential by understanding productivity pitfalls, prioritizing tasks, and maintaining consistent routines to ensure sustained growth in the competitive landscape.

Learn how Indian merchants can boost their sales this Valentine's Day by offering personalized and tailored promotions to their customers.

Discover the crucial role of two-factor authentication (2FA) in safeguarding digital payments.

Discover practical tips and strategies to maintain a healthy work-life balance for a positive company culture, inner calmness, and increased productivity.

Recognizing the signs of work-life imbalance is crucial for taking action and making positive changes

Highlighting the importance of merchant accounts for SMEs, providing a beginner's guide, benefits, and essential tips for management and protection.

Dive into the dynamics of real-time payment reconciliation to enhance efficiency, accuracy, and security.

The key benefits of contactless payments include speed & enhanced security due to encryption & tokenization. Despite its growing popularity, there are misconceptions surrounding NFC payments.

Explore the role of merchant payments in modern business operations, highlighting their significance for revenue generation, customer satisfaction, and expansion opportunities in today's digital economy.

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A payment processor is essential for any business that accepts credit cards, debit cards, prepaid cards, gift cards, or cash in person or online. A payment gateway is for online retailers.

Understanding Different Types of Journaling and Choosing the Right Technique

Work with the Best Fintech In India which prioritizes the mental well-being of its employees

Discover the secrets to boosting your sales with customer discounts! Learn how to effectively use discounts to attract new customers, retain loyal ones, and ultimately increase your revenue.

Learn how to empower the merchant base by offering digital payments and commerce enablement solutions with ways to collaborate with SMEs.


Financial inclusion of the MSME sector is relevant for the potential development of the Indian economy.


Multiple businesses and payment operation-led mobile applications create digital chaos for merchants.

Merchants need to invest more time and effort to manage daily operational issues by adopting digital payment solutions.

In today’s changing financial landscape, SMEs act as a key catalyst in an economy’s growth. They not only contribute to employment generation but also play a significant role in a country’s GDP.

Learn how to identify and effectively address signs of workplace stress to create a healthier and more productive work environment.

Ever wondered what POS really means? Let's break it down! We'll explore how POS impacts your business operations and why is it important. 

Explore the symbiotic relationship between merchants and banks through business credit cards. Discover benefits, insights, and Mintoak's innovative solutions.

Explore the transformative impact of real-time feedback between managers and employees, shifting from outdated yearly reviews to a dynamic process of continuous improvement.

Discover nine transformative ways merchant acquirers can leverage Mintoak to empower SMEs, streamline operations, boost sales, and enhance customer engagement beyond payments.


Discover the fascinating psychology behind gamification and how it enhances merchant retention on mobile apps.

Explore how Small and Medium Enterprises (SMEs) drive India's economy through job creation, innovation, and digital transformation, despite challenges in credit access and technology adoption.

Learn how to identify and overcome anxiety triggers, improve productivity, and foster a balanced mindset at work.

Discover how increasing Customer Lifetime Value (CLV) can help merchants boost sales throughput, enhance customer loyalty, and drive long-term business growth.

Discover the essential steps to create a successful Merchant Lifecycle Engagement Plan that boosts loyalty and drives revenue for banks. 

Learn why emotional intelligence is crucial for modern leaders seeking to boost performance, foster engagement, and build resilient teams.

Discover how to effectively engage users and drive feature adoption with strategic messaging and personalized content.

Discover the positive impact of office pets on work culture, from reducing stress to encouraging collaboration and boosting morale.

Bridging the gender gap in fintech is not just ethical but strategic, delivering stronger teams, better products, and broader market reach. Read how.

Learn why dynamic segmentation is a marketing strategy that helps businesses categorize their audience based on real-time data and behaviour rather than static data alone. 

Discover how leveraging payment acceptance apps for cross-selling can enhance banks' cash float by providing merchants with innovative solutions.

Discover how screen takeover strategies can boost feature adoption in mobile apps by capturing user attention and guiding them through new functionalities.

Explore the impact of quick commerce on traditional kirana stores in this insightful article.

Explore how the RBI’s new BBPS mandate will reshape the future of credit card repayments and what it means for fintechs, banks, and consumers alike.

Discover how quick commerce is reshaping retail in India and its impact on traditional kirana stores. Explore challenges, opportunities, and future trends.


Discover how real-time payments transform SME transactions, enhance cash flow, and streamline business operations in today’s digital economy.

Discover how screen takeover technology helps banks enhance feature adoption in merchant payment apps, improving user engagement and driving interactions.

Customer service involves assisting your customers, both before and after their purchase and use of your products or services. It is important to ensure that customers have a smooth and enjoyable experience with your brand. Delivering exceptional customer service is essential for customer retention and the expansion of your business. In today's context,

Case study on digitizing the merchant onboarding process at an Indian bank - from days to minutes. Covers white label merchant onboarding, merchant onboarding API integration, and the architecture decisions that made it possible.

An implementation blueprint for Heads of Merchant Acquiring, CFOs, and Digital Product leaders at Indian banks on building a unified merchant payment platform that integrates POS, QR, Link Pay/ SMS Pay, SoundBox, and UPI to drive GPV growth and SME merchant retention.


A practical guide for merchant acquirers and banks in South Africa, Nigeria, and Kenya on digitising KYC/KYB to accelerate merchant onboarding, reduce drop-offs, and stay compliant.


How Indian banks can deploy KYC automation in merchant onboarding using a unified merchant KYC KYB platform. Covers automation architecture, regulatory verification, document processing, and risk scoring for acquiring banks.


What fragmented payment acceptance costs African bank acquirers in GPV, reconciliation, and card penetration - and what unified infrastructure fixes.


How instant settlement on India's merchant payment platform drives 7x transaction volume, 95% GPV growth, and cross-sell data from 5M+ merchants.

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Learn from Mintoak

Monetize your SME relationship by 8X