Digitise your business and go cashless
The Bajaj Finserv for Business app is enhanced with several features designed to help you easily manage payments and digitise your business.
Features of the app
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Easy registration
Get onboarded as a merchant in a few steps on the Bajaj Finserv for Business app.
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Multiple dashboards
Track the various aspects of your business using the different kinds of dashboards available.
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EMI facility
Receive payments in EMIs by opting for the EMI facility.
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All-in-one QR
Accept payments from all UPI apps, the Bajaj Pay Wallet, and the Insta EMI Card using the all-in-one QR channel.
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Offers and promotions
Create customised offers and promotions for your customers and encourage them to shop more.
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Voice confirmation
Set voice alerts to know whether you have received a payment or not.
Eligibility criteria
To register as a merchant on Bajaj Finserv for Business, you have to be either of the following:
- An Indian citizen
- An organisation registered in India
How can I create an account on the Bajaj Finserv for Business App?
If you are new to Bajaj Finserv for Business, follow these steps to create an account:
- 1 Download and install the Bajaj Finserv for Business app
- 2 Tap on 'Register'
- 3 Enter PAN Card number
- 4 Enter and verify mobile number
- 5 Select GSTIN
- 6 Enter business details
- 7 Enter and verify email ID
- 8 Select option to avail of EMI Finance
- 9 Complete Aadhaar KYC
- 10 Enter bank account details
- 11 Accept E-agreement and pay stamp duty if you want to avail of EMI Finance
- 12 Generate a digital QR code or link physical QR code if available
Frequently asked questions
Bajaj Finserv for Business can be used by any Indian citizen or organisation to promote their business.
- Download the Bajaj Finserv for Business app from the Google Play Store
- Click on the link below
https://play.google.com/store/apps/details?id=com.bfl.merchant
- Click on the ‘LOGIN’ button at the top
- Enter your registered mobile number and submit the OTP you will receive
- Log in to Bajaj Finserv for Business
- Click to ‘My QR’ icon in the top right corner
- Download the QR code to your device
The UPI payment instrument has several benefits, such as:
- Safe and secure payments
- Instant inter-bank money transfers from your mobile device
- 24x7 UPI transfers
- Virtual ID
- Transactions without adding beneficiaries
- Scan QR code to make payments from any app such as Gpay, PhonePe, etc., that supports UPI payments
- Single click authentication process for contactless digital payments
The Virtual Payment Address (VPA), also known as UPI, is a unique address that can be created to send or receive money. To view your VPA or UPI ID, tap on 'My QR' from the home screen of the Bajaj Finserv for Business app.
The UPI PIN (Personal Identification Number) is a 4 to 6-digit passcode that you create during your registration process. This PIN is essential to authorise all your transactions.
The Virtual Payment Address or VPA is created for all users using the UPI service to send or receive money. VPA acts as a proxy for the combination of a bank account number and an IFSC code. It adds an additional layer of security.
UPI is built over the IMPS infrastructure and facilitates instant money transfers between bank accounts. It allows users to create VPAs for banks linked to the UPI network and transfer money instantly through their mobile devices.
