5 Reasons to download Indus Merchant Solutions App

Posted on Wednesday, February 15th, 2023 | By IndusInd Bank

The Indian Business Sector has been growing at an exponential rate. Medium to small scale businesses are now driving India’s growth. Owning a business can be incredibly rewarding, but running a big business, or starting a small one, requires a lot of work, time, and money. Additionally, you will face a lot of challenges in terms of hiring, marketing, scaling your business, and managing finances.

Today, we will address the most obtrusive challenge of all – finding the right banking partner for your business.

Banking Problems that Businesses Face

Running a business can feel like a mammoth task when you have to overcome so many challenges in such little time. Most small businesses fail to stay afloat due to financial obstacles. Here are some of the most common banking problems faced by businesses:

1. Lengthy paperwork – From opening a current account to getting a business loan, the amount of energy you lose in tedious paperwork comes with a very high opportunity cost. Most of this paperwork becomes redundant after a certain time period and starts piling up on your desk.

2. Time-consuming bank visits – As a business owner, you have several important decisions to make. Instead of utilizing your precious time to strategize and map the growth of your business, most business owners are often swamped with time-consuming bank visits for smallest of the tasks.

3. Lack on urgent credit – Money is to business what fuel is to engine. Non-availability of instant business loans for urgent capital requirements puts you in a chronic financial stress, and your business in jeopardy.

4. Absence of quick & instant payment solutions – Even if the business is running smoothly, lack of secure and real-time payment solutions can tarnish the image of the business in front of customers and investors.

5. Glitchy online services – Many banks fail to focus on the seamlessness of their mobile and internet banking services. A glitchy and complex interface for online services can be irritating – forcing you to schedule a bank visit for the smallest tasks.

The One Solution for all your business banking needs – Indus Merchant Solutions App

We understand that your business needs a seamless and hassle-free solution that can help you overcome the above-mentioned problems. That is why IndusInd Bank introduced Indus Merchant Solutions App.

Top 5 reasons to download Indus Merchant Solutions

1. The ‘All-In-One’ App – Having multiple channels and platforms for your dynamic banking needs can be confusing and may lead to discrepancies. With the Indus Merchant Solutions App, you can undertake an array of activities such as accept instant cashless payments, track sales via in-built dashboards, order an exclusive Point of Sale (PoS) machine, as well as apply for business loans from just one app!

2. Instant & Paperless Current Account Opening– You can open a current account via Indus Merchant Solutions App in just a few clicks. Open account digitally from anywhere, anytime and enjoy 100% paperless banking.

3. Multiple Payment Solutions – The world is moving to cashless transactions. We understand this and offer you multiple payment solutions like POS device for contactless card payments & QR Code for UPI payments on shop, and Payment Links for remote payments. You can also order a Soundbox to get real-time audio confirmation of payments!

4. Pre-Approved Loans – You can fulfill your urgent working capital needs in just a few clicks with the Indus Merchant Solutions App. Apply for a collateral-free business loans for purchasing machinery, hiring staff, or expanding your business without pledging any asset as a security against the credit.

5. Auto-settlement of payments & digital ledger – With Indus Merchant Solutions, you can collect, track & manage payments seamlessly with auto-settlement of funds and a digital ledger!

Additionally, you can also place service requests such as reset debit card pins, report discrepancies, send cheque book requests on the IMS App.

How to use Indus Merchant Solutions App?

Business banking has never been easier! All you have to do is download the app from Play Store for Android phones and from Apple App Store for iOS phones. If you have a current account with IndusInd Bank, you can download the app and start using it instantly! If you are new to the bank, you can open a current account with IndusInd Bank using the app itself. The IndusInd Bank current account opening is fully digital and can be opened from anywhere at any time.

Shift your business into the next gear, switch to Indus Merchant Solutions App!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.