Mswipe's payment business turns adjusted profitable in FY24, clocks Rs 275 crore revenue

Mswipe Technologies expands to UAE, partners with etisalat by e&amp;  for uTap launch

Mswipe Technologies Strengthen their Executive Team

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Intro- For banks, enabling merchant payments isn’t just about providing POS machines—it’s about delivering a seamless, secure, and scalable ecosystem. That’s where Mswipe steps in, not just as a service provider, but as a strategic growth partner.Here’s why leading banks across India are choosing Mswipe. <h3>1. End-to-End Payment Infrastructure</h3>From front-end devices like Smart POS and Sandboxes to back-end processing via Mswipe Switch, we offer a complete ecosystem. This helps banks offer bundled solutions without piecing together multiple vendors. <h3>2. Fully Licensed and Compliant</h3>Mswipe holds a Payment Aggregator license from the RBI and is PCI DSS compliant. Whether it’s onboarding, transaction routing, or data protection, banks trust Mswipe to meet stringent regulatory standards. <h3>3. Digital-First Merchant Onboarding</h3>With web-based KYC and seamless API integrations, Mswipe helps banks onboard merchants quickly and efficiently—even in high-volume environments. Bulk onboarding and automated approval workflows mean faster go-to-market timelines. <h3>4. Proven Scalability</h3>Whether it’s handling seasonal spikes or supporting Tier 3 merchants, Mswipe’s infrastructure is built for volume and speed. Our SaaS-based payment switch architecture ensures minimal latency and maximum uptime. <h3>5. Rich Data &amp; Risk Controls</h3>Real-time telemetry, merchant analytics, and robust fraud risk management tools enable banks to monitor operations and mitigate risks proactively—no more reactive firefighting. <h3>6. India-Wide Support Network</h3>Our on-ground support extends from metros to remote districts, ensuring merchants across geographies receive timely help, training, and technical support.

 Why Banks Choose Mswipe as Their Trusted Payments Partner

<h3>How merchant discount rates impact your business</h3>Merchant Discount Rate (MDR) is charged by banks and financial institutions on debit card and credit card transactions to businesses for payment processing services. It is inclusive of all the charges and taxes required to be paid by the retailers for leveraging a bank's payments infrastructure. The vendors are expected to arrange the necessary set up such as a Point-of-Sale terminal (POS) terminal to enable the payment services. A POS terminal is an electronic device used to swipe debit and credit cards to process payments. These charges add to the overall cost hence it is important for businesses to know the impact of these charges. Let’s understand various facts of the MDR and how it might affect your business.The rates will vary depending on the following factors:* Size of your company* Type of the card used for the transaction* Amount of the transaction<h3>Who bears the cost?</h3>Banks usually charge anywhere between 1% to 3% on every transaction made using a POS terminal. When your customer swipes the card, and transactions are completed, the bank will charge you a certain percentage of the transaction as an MDR. Later, this fee is actually shared amongst the card’s issuer, payments platform, and POS terminal provider.<h3>Role of payment processors</h3>The business operations are dynamic and POS infrastructure eases the payment-related complexities. However, keeping a track of various fees, exact charges, and payment schedules can be a hassle and can get businesses into legal trouble for non-payment. Therefore, most retailers choose to opt for a payment processor that acts as a mediator. These mediators are a perfect bridge between retailers and financial institutions. These payment processors can manage a myriad of functions such as paying the retailers on time, enabling the transfer of funds, providing POS infrastructure, offering robust security, adhering to Payment Card Industry (PCI) standards, and more.<h3>PCI compliance and its impact on your business</h3>Payment Card Industry Data Security Standard (PCI DSS) is a set of standard rules and regulations that vendors must follow when handling card payments. So, if your business processes card payments, it is mandatory to meet PCI DSS. Vendors that are not PCI compliant will attract unnecessary fees, fines, and some legal trouble too which can threaten the business sustainability. Keeping a record and a following number of compliances may not be feasible hence it is best to approach the payment processor to ensure a seamless experience. Also, these PCI standards keep changing, and hence it is important that your payment processor efficiently tracks down these updates.<h3>Role of the vendor’s bank</h3>The retailer’s bank maintains the account that accepts the credit card payments. Many times, the payment processors act like merchant’s banks too. For the ease of transactions and unlocking flawless services, vendors approach banks to be the payment processors.<h3>Role of an issuer</h3>When the end customers make the payment through cards using a POS terminal or other online payment gateway, the bank that issues the card i.e., the cardholder’s bank is responsible to pay the merchant’s bank, eventually paying the merchant.Impact of MDR on businessWhen MDR was first introduced, vendors often passed on the MDR charges to the end customers. In turn, to avoid unnecessary costs, the customers opted for cash transactions. Later, to drive cashless transactions banks increased the number of POS terminals down to the last mile by including the small merchants based in remote locations too. This didn’t encourage retailers or end customers to opt for cashless transactions using the POS terminal. To change this reluctance, RBI tweaked the rules. Now, issuing banks are required to charge higher MDR to larger companies and lower MDR to small vendors.The new rules laid down by RBI do not allow merchants to force the customers to pay the MDR instead they have to be borne by merchants. The <a href="https://www.mswipe.com/digital-payment-guide-merchant-discount-rate.html" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 123, 255); background-color: transparent;">MDR charges</a> may prove to be expensive for transactions with a smaller amount and MDR charges will come at affordable costs for transactions involving a bigger amount.<h3>Charges</h3>The small vendors cannot be charged above 0.4% for transactions up to INR 200 for processing the payment through POS or digital platform. And for QR-code based transactions, MDR is 0.3% for transactions up to INR 200.For larger vendors, the banks can levy up to 0.9% MDR for the POS transaction with a maximum value of INR 1,000, and QR-code based transactions will attract 0.8% MDR for the transaction of up to INR 1,000.<h5>* Interesting fact</h5>Did you know that 55% of the credit transactions happen online, 40% are online transactions and 5% are carried out by the small vendor with a turnover of up to 20 lakhs?<h3>Latest updates</h3>Recently, the National Payments Corporation of India (NPCI) in association with several banks has agreed to charge 2% MDR for UPI-RuPay credit cards. The good news for the small retailers with a turnover of not more than INR 20 lakh is that they will be exempt from the MDR charges. Out of the 2%, 1.5% will be shared by the card issuing bank, and 0.5 will be split between the RuPay network and the acquiring entity.Also, back in December 2021, the Union Cabinet announced a relief package of INR 1,300 crore. Network providers such as MasterCard, lead the technological development of the digital payment landscape. Therefore, this package brought a great relief which in turn strengthened the payment processing infrastructure.So, this is how MDR will impact your overall business and you must consider all the charges, compliance standards, fines, and other related factors. If you find it challenging to manage the payments you can always opt for payment processors that can take your business to great heights. For more information, you can visit our website or connect with us.

How merchant discount rates impact your business

<h3>The Ultimate Tool for Managing POS Payments, Invoices, and Payment Links</h3> Running a successful business means juggling multiple tasks—accepting payments, issuing invoices, tracking sales, and accessing settlements. For thousands of businesses, the Mswipe Merchant App has become the go-to platform to manage all these operations from a single place. Whether you’re a local shop owner or managing a growing retail chain, here’s why this merchant app stands out for today’s digital-first businesses. <h2>1. Accept All Payments with Ease — POS, Payment Gateway &amp; Pay By Link</h2> Merchants can accept payments effortlessly through multiple channels: <ol><li data-list="bullet">POS (Point of Sale) using credit, debit, or prepaid cards</li><li data-list="bullet">UPI payments for quick and contactless checkout</li><li data-list="bullet">Pay By Link, a secure method that lets you share payment links with customers via SMS or email, ideal for remote billing and home delivery orders</li><li data-list="bullet">Integration with net banking and online payment gateway options</li></ol>The intuitive UI ensures even first-time users can start accepting payments with minimal effort.<h2> </h2><h2>2. Real-Time Transaction Tracking</h2> Keep your finger on the pulse of your business. The app provides:<ol><li data-list="bullet">Detailed transaction histories</li><li data-list="bullet">Filters by date, payment mode, or customer</li><li data-list="bullet">Instant alerts for each successful transaction</li></ol>This helps merchants monitor daily sales and identify top-performing days or products.<h2> </h2><h2>3. Daily &amp; Monthly Settlement Tracking</h2> Timely settlements are vital for smooth cash flow. The Mswipe app allows merchants to:<ol><li data-list="bullet">Track daily or monthly settlements</li><li data-list="bullet">View payout details by date or transaction type</li><li data-list="bullet">Stay updated on pending or completed settlements</li></ol>This transparency helps businesses plan inventory and expenses with confidence.<h2> </h2><h2>4. Create &amp; Manage Invoices in Seconds</h2> No more paper trails. Merchants can:<ol><li data-list="bullet">Generate professional digital invoices directly from the app</li><li data-list="bullet">Share them with customers via email or WhatsApp</li><li data-list="bullet">Track which invoices are paid or pending</li></ol>This improves customer experience and ensures smoother billing cycles.<h2> </h2><h2>5. Instant Support, Right from the App</h2> Need help? The Mswipe Merchant App offers:<ol><li data-list="bullet">Direct access to your relationship manager</li><li data-list="bullet">Easy ticket raising for technical or payment issues</li><li data-list="bullet">Prompt updates and resolutions</li></ol>Reliable support makes the app a true partner in daily business operations.<h2> </h2><h2>6. A Powerful Dashboard to Drive Business Insights</h2> Your business data, simplified:<ol><li data-list="bullet">Daily and monthly transaction summaries</li><li data-list="bullet">Breakdown by payment method: UPI, card, Pay by Link, POS</li><li data-list="bullet">Track settlements, payment trends, and even rewards earned</li><li data-list="bullet">Visual analytics to compare time periods, helping you make smarter business decisions</li></ol>

Why Merchants Love the Mswipe Merchant App

Mumbai, 19 February, 2024: Mswipe Technologies, one of India’s leading digital paymentscompanies, has been granted a payment aggregator (PA) license by The Reserve Bank ofIndia (RBI). The announcement comes after the digital payments company received anin-principle nod in mid-2022. With this, Mswipe will offer full-stack payment technologyproviding omni-channel solutions, thereby continuing to contribute towards India’sevolving digital payments landscape.The payment aggregator license solidifies the company's objective to enhance its suiteof offerings while delivering secure, efficient and user-friendly payment technology tobanking partners, enterprises and merchants across categories.Ketan Patel, Co-founder &amp; CEO, Mswipe Technologies says "I am thrilled to announce ourlatest milestone of receiving approval on our payment aggregator license from RBI. Withcontinued commitment to our business partners and the merchant community at large,we stay true to our promise of providing innovative omni-channel digital payments withcutting-edge technology. Mswipe will continue to empower businesses of all sizes andcategories across India including the smallest towns and cities making an impact in theincreasingly cashless economy.” About MswipeMswipe Technologies is an omni-channel digital payments platform providing a host ofoffline and online payment acceptance solutions to merchants across categoriesacross all regions. Headquartered in Mumbai, Mswipe began operations in 2011.Its key investors include Alpha Wave Global, Matrix Partners, B Capital, DSG ConsumerPartners, Epiq Capital, UC-RNT and Ola.Over the last 13 years, Mswipe has been a pioneer in introducing businesses andmerchants to multiple innovative payment solutions enabling expansion of the digitalpayment footprint in the country across metros, mini-metros, small towns and cities.

RBI grants Payment Aggregator license to Mswipe Technologies

Mumbai, 20 June 2023: Worldline (Euronext: WLN), a global leader in payment services,&nbsp;todayannounced its partnership with India’s leading payment aggregator, Mswipe Technologies, tooffer Brand Equated Monthly Instalments (EMI) as a value-added service that enables businessesto provide No-Cost EMI financing from several leading brands on Worldline Android Smart POSdevices across the country.This partnership will enable Worldline and Mswipe to work together in helping their partnersincrease sales through attractive checkout offers to their customers. It will also help them to availmid- and high-value purchases at retail outlets powered by Worldline Android Smart POS machines. Vishal Maru, Executive Vice President, Financial Institutions, Worldline India, commented:&nbsp;“Consumer demand across different product and service categories are increasing. But when itcomes to purchasing somewhere a latency sets in, when the customer sees higher cost of productwhile purchase. The need to offer accessible and affordable finance is extremely important forbusinesses today. We are happy to partner with Mswipe to offer Brand EMI service which ispopularly referred as No-Cost EMI and this value added service will help businesses not only toprovide seamless payment experience but will benefit them immensely in maximizing their sales.” Mr. Ketan Patel, CEO, Mswipe Technologies said:“As India becomes more globalized, technologically advanced and economically prosperous,consumer lifestyles are constantly evolving. Indian consumers are becoming more aspirational andare looking for flexible payment options, such as Brand EMI, that allows them to spread theirpurchases over a period of time. We are excited to collaborate with Worldline India to extend ourtech enabled EMI solutions to their merchant base and help fulfill their aspirations of new India. Thispartnership will help both the brands reach a larger base of merchants and contribute to the digitalgrowth journey of India. Through this partnership, we aim to democratise high-value purchases,while enabling our merchants to increase their sales through yet another value-added services.”Worldline and Mswipe have seen that the Brand EMI options are popular across Mobiles,Electronics, Clothing, Beauty Spas, kitchens, Households, Furniture, and Automobiles. With tie-upsacross all the leading banks, this partnership will offer EMIs through various payment modes likecredit and debit cards and from Buy Now Pay Later providers in India.The Brand EMI service will drastically improve the average transaction value and upgrade theproducts purchased with suitable financing options. It will help partners to maximize their sales.Among the other benefits, it offers a user-friendly and superior UI/UX interface for partners tointegrate and list different offers from all the brands in one place.In India, Worldline offers one-stop shop for all payment needs – In-store payments, Onlinepayments, and Omnichannel Payments. Worldline covers the whole payment value chain and end-to-end processes that facilitate services to over 1.5 million merchants across 5000 towns and citiesin India. ABOUT WORLDLINEWorldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey –quickly, simply, and securely. With advanced payments technology, local expertise and solutions customizedfor hundreds of markets and industries, Worldline powers the growth of over one million businesses aroundthe world. Worldline generated a 4.4 billion euros revenue in 2022. ABOUT MSWIPEMswipe Technologies is one of the largest omni-channel digital payments platforms providing a host of offlineand online payment acceptance solutions to merchants across categories in cities and smallest towns of India.Digital lending is offered to merchants through the NBFC arm, Mcapital – a 100% subsidiary of Mswipe.Headquartered in Mumbai, Mswipe began operations in 2011. Its key investors include B Capital, UC-RNT,Falcon Edge Capital, Matrix Capital Partners, DSG Partners and Epiq Capital.

Worldline partners with Mswipe to enable Brand Equated
Monthly Instalments on its smart POS terminals across India

Worldline partners with Mswipe to enable Brand Equated Monthly Instalments on its smart POS terminals across India

In today’s fast paced retail environment, operational efficiency, accuracy and customer experience are the highest priorities. One of the most important steps a business owner can take is to enhance the payment system by upgrading to the modern point of sale (POS) machine. With the current technological advancements POS devices have become more than just a simple cash register to a more comprehensive business management system.<h3> </h3><h3>Let’s look at the 5 compelling benefits for the business owner to upgrade to a modern point of sale terminal.</h3><h5> </h5><h5>1. Speedy transactions and efficiency</h5> Streamlined payment process with the modern POS machines which are designed to process transactions quickly and seamlessly. Unlike the traditional cash registers these technologically advanced systems support various payment methods which includes credit and debit cards, digital payments such as UPI payment and some of these POS devices also come with the payment sound boxes. Upgrading to these payment options reduces the time in queue for the customers stand at the checkout counter which in turn improves customer satisfaction. One of the most important advantages of the modern point of sale POS system is its ability to integrate with inventory management software. Merchants can real-time track the inventory, automatically reorder stock items, get alerts for low-stock products all in one place. With this businesses can avoid situations like stockouts and overstocking of goods while also making sure that popular bestsellers are always available for the consumers.<h5> </h5><h5>2. Reduce human error and more accuracy</h5> Modern POS terminals come with automated features such as calculations that minimize human error. From calculating sales tax to applying discounts these advanced POS machines ensure that all payment transactions are accurate so as to maintain business’s financial integrity and success.Advanced POS machine systems generate detailed reports on sales, inventory of goods and tracking of customer behavior for particular products. With this feature merchants can make informed decisions by understanding sales data that highlight which products are performing well and which needs promotion.<h5> </h5><h5>3. Better customer experience</h5> With faster checkout processes provided by modern POS machines, the improved transaction is directly impacting your customer satisfaction experience. All consumers want quick and efficient service that enhances their overall shopping experience which can lead to repeat business and positive customer feedback and referrals.Modern POS systems often include customer relational management (CRM) features, which allow businesses to collect and store customer information such as purchase order history and preferences. By leveraging this data, businesses can offer personalized recommendations and promotions customized to the particular customer to elevate their shopping experience.<h5> </h5><h5>4. Robust Security</h5> Security and data encryption - One of the most important aspects of using a POS machine is its ability to process payments securely. Almost all modern POS systems comply with the latest security standards, including EMV i.e. Europay, MasterCard, and Visa chip technology and PCI-DSS (Payment Card Industry Data Security Standard) compliance, These help protect both the business and it's from fraud and data breaches.In addition to secure payment processing, modern POS systems also have data encryption techniques to safeguard sensitive data and information. This end-to-end encryption ensures that customer data such as credit card numbers and personal details are protected from any unauthorized access and privacy breaches.<h5> </h5><h5>5. Access to modern technologies</h5> The seamless integration of UPI payment sound boxes with modern POS machines allows businesses to offer their customers a convenient payment option. Customers can simply scan a QR code or tap their phones to complete the transaction without the need to handle cash.These POS systems can be easily connected to swiping machines and mobile POS devices. This kind of versatility allows businesses to accept payments from customers anywhere within the store or even at off-site locations. They are particularly beneficial for businesses that operate in dynamic environments, as they provide the flexibility to process payments on the go.<h3> </h3><h3>Conclusion</h3> Upgrading to a modern point of sale machine offers numerous benefits that can significantly enhance a business's operations. From increased transaction speed and accuracy to improved customer experience and security, modern POS systems are a must-have investment for any and all types of businesses. Additionally, their ability to integrate with modern technologies, such as UPI payment sound boxes and mobile POS devices, ensures that businesses remain competitive in today's rapidly evolving retail landscape.Investing in a modern POS machine is not just about staying up-to-date with technology; it's about creating a more efficient, secure, and customer-friendly environment. By embracing these advancements, businesses can streamline their operations, make informed decisions based on detailed reports, and ultimately, provide a superior shopping experience for their customers.

5 Benefits of Upgrading to a Modern Point of Sale Machine

Mumbai, 27 February 2024: Mswipe Technologies, one of India’s leading digitalpayments companies focused on SMEs, has closed USD 20 million in primary growthequity capital from its existing investors. This growth equity round will enable Mswipe toincrease its merchant payment network, and further strengthen product developmentand technological infrastructure.Mswipe has recently received the payment aggregator license from the Reserve Bank ofIndia (RBI). With this, Mswipe is poised to provide comprehensive payment solutionsacross both the digital offline and the online channels.Mswipe Technologies reiterates its dedication to innovation. With a focus on deliveringcutting-edge solutions, Mswipe remains committed to fostering strong partnershipswith banking institutions, enterprises, and stakeholders.Over the last 13 years, with a merchant network exceeding half a million, Mswipe hasbeen a pioneer in introducing businesses and merchants to multiple innovative paymentsolutions, thereby enabling the expansion of the digital payment footprint acrossmetros, mini-metros, small towns, and cities in the country. The company is profitable atan EBITDA level for the last five quarters.About MswipeMswipe Technologies is an omni-channel digital payments platform providing a host ofoffline and online payment acceptance solutions to merchants across categoriesacross all regions. Headquartered in Mumbai, Mswipe began operations in 2011.Mswipe’s key investors include Alpha Wave Global, Matrix Partners, B Capital, DSGConsumer Partners, Epiq Capital, UC-RNT and Ola.

Mswipe has closed capital raise from existing investors.

Mswipe has closed capital raise from existing investors

<h1>Securing POS Devices: How Businesses Can Stay Safe in the Digital Age</h1> In today’s ever-evolving digital landscape, modern Point of Sale (POS) machines have become an essential part of both large and small-scale businesses. From retail stores to restaurants, POS devices help process transactions efficiently and securely. However, with any technology that handles sensitive information, POS machines come with their own set of security challenges. It is vital for businesses to protect their POS terminals to not only safeguard business operations but also ensure the security of their customers' information. <h2>Understanding Point of Sale (POS) Machines</h2> A Point of Sale (POS) machine, also known as a POS terminal, is a combination of hardware and software that allows businesses to complete sales transactions. Typically, a POS system includes: <ol><li data-list="bullet">A computer or tablet</li><li data-list="bullet">A cash register</li><li data-list="bullet">A barcode scanner</li><li data-list="bullet">A receipt printer</li><li data-list="bullet">A card swiping machine</li></ol> In modern setups, POS systems are often integrated with UPI payment sound boxes, enabling seamless digital transactions for all types of businesses. <h2>Key Security Measures for POS Devices</h2> To keep your POS system secure, businesses must follow a layered approach involving data encryption, secure networking, and device management. Below are essential security practices: <h3>1. Encryption of Data</h3>All data transmitted through POS machines should be encrypted to protect against data breaches.End-to-End Encryption (E2EE) ensures that payment information remains secure from the moment it is entered into the POS terminal until it reaches its destination.This prevents cybercriminals from intercepting and stealing sensitive customer data. <h3>2. Regular Software Updates</h3>Businesses must ensure that their POS systems are always running the latest software version with up-to-date security patches.Manufacturers and payment technology providers release updates to address vulnerabilities. Delaying or ignoring updates can leave systems exposed to potential threats. <h3>3. Use of Secure Networks</h3>Always connect your POS machines to private, secure networks. Avoid public Wi-Fi, as it increases the risk of unauthorized access.Use firewalls and Virtual Private Networks (VPNs) to create an additional layer of protection and reduce exposure to cyber threats. <h3>4. Strong Password Policies</h3>Implement and enforce strong password policies:<ol><li data-list="bullet">Use complex, unique passwords</li><li data-list="bullet">Change passwords regularly</li><li data-list="bullet">Avoid sharing credentials among employees</li><li data-list="bullet">Use two-factor or multi-factor authentication (2FA/MFA) for enhanced protection</li></ol> <h2>UPI Payment Sound Box: A New Layer of Security</h2>With the rising popularity of UPI (Unified Payments Interface) in India, UPI payment sound boxes have become a preferred solution for quick and convenient payments.These sound boxes confirm transactions audibly after customers scan a QR code, making them ideal for busy retail environments. However, they also require security measures:<ol><li data-list="bullet">Ensure secure integration with the POS system</li><li data-list="bullet">Comply with all necessary security standards and licenses</li><li data-list="bullet">Regularly monitor transactions for discrepancies</li><li data-list="bullet">Report any suspicious activity to your payment service provider immediately</li></ol> <h2>How to Secure Card Swiping Machines</h2> Card swiping devices are a vital part of the POS ecosystem and are often targeted by skimming attacks, where criminals install devices to steal card data.Follow these best practices to protect your swiping machines:<ol><li data-list="bullet">Use tamper-evident security seals</li><li data-list="bullet">Conduct regular inspections to detect unauthorized attachments or tampering</li><li data-list="bullet">Opt for EMV-compliant card readers (chip-enabled) which are safer than magnetic stripe readers</li></ol> <h2>Conclusion</h2> In an era of increasing cyber threats and data breaches, securing your POS system is non-negotiable. Businesses must implement:<ol><li data-list="bullet">End-to-end encryption</li><li data-list="bullet">Regular software updates</li><li data-list="bullet">Private and secure networks</li><li data-list="bullet">Strong access controls and password policies</li><li data-list="bullet">Advanced solutions like UPI sound boxes and EMV card readers</li></ol> By prioritizing POS security, businesses can safeguard sensitive payment data, build customer trust, and ensure the long-term success of their operations in the digital economy.

Discover the crucial role of security in POS systems. Learn how to protect your business and customers from potential threats and fraud.

The Importance of Security in Point of Sale Machines: Protecting Your Business and Customers

POS innovations transforming retail payments with smart solutions

POS innovations transforming retail payments with smart solutions

POS innovations transforming retail payments with smart solutions-blog

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Mswipe in the UK is operating under the license of Cashflows, which holds an Electronic Money Institution (EMI) license authorized and regulated by the Financial Conduct Authority (FCA).

License approval in progress for direct UPI app publishing, enabling real time operations.

TPAP License

Received RBI license received in FY24 for merchant payments aggregation.

Payment Aggregator License

Received in-principle approval in FY24; COA currently under process.

PPI License

Successfully obtained in FY22 for lending activities and credit provision.

NBFC License

Ensuring compliance: our licenses &amp; approvals

Mswipe devices are PCI-DSS compliant and support end-to-end encryption to ensure transaction security.

How secure are Mswipe devices for transactions?

<ol><li data-list="bullet">Yes, Mswipe provides APIs and SDKs</li><li data-list="bullet">for easy integration with your existing</li><li data-list="bullet">business software and ERP systems.</li></ol>

 Yes, Mswipe provides APIs and SDKs for easy integration with your existing business software and ERP systems.

Can Mswipe devices be integrated with business software?

Yes, Mswipe POS terminals support Amex cards along with Visa, Mastercard, and Rupay cards.

Can I accept Amex cards with an Mswipe POS terminal?

Getting started with Mswipe is simple! Just have your KYC documents ready: PAN card, business proof, bank account details, a cancelled cheque, and photos of your business (inside and outside). Click the sign-up link, choose your product, fill in the form, complete KYC, and finish the payment process—that’s it! You’re all set to start accepting payments with Mswipe. If you're a bank or corporate representative, simply fill out the form, and our team will reach out to discuss your customised requirements.

How do I get started with Mswipe payments?

Yes, international debit and credit cards are accepted, depending on your merchant account settings.

Can I accept international debit / credit cards with an Mswipe POS terminal?

 Mswipe offers a complete payment solution from POS terminals, QR code payments, mobile payment links, and payment gateway integration.

What does Mswipe offer?

How can we help you today?

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Seamless payments for your business unlocked.

Learn more about  the next generation of payments

Learn more aboutthe next generation of payments

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Easily integrate with your app or website using our ready-to-use SDKs and plugins, available in all major programming languages.

Power Your E-commerce With Mswipe Payment Gateway

Packed with powerful features

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Accept payments via UPI, net banking, credit, debit and prepaid cards, ensuring a smooth and quick checkout experience for your customers, while offering them the flexibility to choose their preferred payment method.

Multiple payment options

Seamless integration with ready-to-use kits for popular platforms like WooCommerce, Magento for your website or app. These plugins are available for Android, iOS & web. 

Easy plug-ins

Track payments, analyze transactions, and review settlement reports with a robust dashboard on the merchant app and portal.

Real time dashboard

Integrate our payment gateway easily with your website or app, supporting both Android and iOS. Our solutions are compatible with all major programming languages, making the process quick and easy.

Simple & flexible integration

Packed with powerful features

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Benefits to merchants

Mswipe is designed to handle high transaction volumes, making it the perfect choice for businesses looking to scale. Even during peak sales periods, our robust infrastructure ensures smooth and uninterrupted performance.

Scalable and reliable for high growth

Our ready-to-use plugins save significant development time. Your business can start accepting payments quickly, with minimal effort.

Save time with ready-to-use integration

Gain detailed insights into your transactions and settlements with Mswipe's merchant app and portal. Access real-time data, generate reports, and easily manage invoices to stay on top of your business finances.

Powerful dashboard for real-time tracking

We are an RBI-approved payment aggregator, ensuring your transactions are protected with the highest level of security and compliance. We also have PCI DSS and PPI licences.

RBI-approved and highly secure

With fast and hassle-free payment options, Mswipe helps reduce cart abandonment and enhances customer satisfaction, ensuring every shopper enjoys a smooth checkout journey.

Boost sales with a smooth checkout experience

Benefits to merchants

See documentation

Integrate effortlessly with our simple, well-documented payment gateway, designed for smooth, hassle-free setup.

Plug-ins for WooCommerce and Magento platforms.

Low-code kits for Android and iOS SDKs.

Supports Java, PHP, Python, Node.js, .NETCore.

 Seamless integration enhances payments.

The easiest integrations

Generate Payment Link

With Mswipe Pay By Link, collecting payments has never been easier. Whether you're selling online or offline, instantly generate and share payment links without the need for a website, app or coding knowledge.

Collect Payments Anywhere, Anytime

Use the service without needing technical expertise, no need for a website or app.

No coding required

Sign up today to take advantage of our powerful features. 

You can set the expiry date of the payment link based on your requirement.

Set expiry dates

Track payments, analyse transactions, and review settlement reports with a robust dashboard on the merchant app and portal.

Real time monitoring

Share payment links through SMS, email, WhatsApp, or chat using Mswipe merchant app or portal.

Instant payment collection

Customers can pay using UPI, credit/debit cards or net banking ensuring convenience .

Wide payment options

How can we help?

POS devices

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Online payments

Value Added Services

Tracking & analytics

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Support

Knowledge base

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