The ‘SmartHub Vyapar’ app is a one-stop platform that provides banking solutions for small and medium merchants. The app helps merchants grow their business, accept digital payments, and avail instant business loans.
New Delhi: HDFC Bank, a private lender, has launched a new app called ‘SmartHub Vyapar’ for small and medium merchants. The app, which will have more than 25 features, aims to help small and medium merchants to grow business, accept digital payments and avail instant business loans.
The app won’t share data with third parties, keeping the privacy and security in mind. Data is encrypted for high security besides. This added security measure helps to keep sensitive data, such as personal information and account details, away from hackers and thieves.
SmartHub Vyapar Benefits
A merchant needs only one stop to find all the banking and business solutions to run a business.
Merchants can accept digital payments from multiple sources such as UPI, Debit and Credit cards, Tap N pay, QR Code, and SMS Pay. It provides in-depth insights and overviews of all transactions across all form factors in a single view.
Merchants can get pre-approved loans for various purposes, such as business loans, credit card loans, and overdraft facilities. It provides an instant, digital, and 100% paperless onboarding experience to existing HDFC Bank digital current account holders.
With the EVA chatbot, merchants will get 24×7 support and can reach out to the help centre to address their issues and queries.
The commercial credit card allows you to manage your business expenses effortlessly and pay your distributors digitally, which is a special feature.