Acquiring Solutions

Acquiring Solutions

PayCraft offers a host of payment acquiring solutions.
A self contained payment acquiring switch forms the heart of it. Our Acquiring switch has unique capability of handling online as well as offline transactions. The acquiring switch supports both closed loop and open loop transaction processing including complex transaction packets from Automatic Fare collection, Electronic Toll Collection systems etc. PayCraft has also developed a comprehensive Merchant Application which enables payments acquiring on the ground by managing the merchants’ lifecycle. Paycraft also offers a unique merchant application than enables end to end merchant payment enablement and management using a mobile application. Merchants can now accept payments through the merchant application using QR code or SMS.

PayCraft offers a host of payment acquiring solutions.
A self contained payment acquiring switch forms the heart
of it. Our Acquiring switch has a unique capability of handling online as well as offline transactions. The acquiring switch supports both closed loop and open loop transaction processing including complex transaction packets from Automatic Fare collection, Electronic Toll Collection systems etc. PayCraft has also developed a comprehensive Merchant Application which enables payments acquiring on the ground by managing the merchants’ lifecycle.

Acquiring Switch

PayCraft offers a new age digital transaction acquiring switch that supports omni channel payment methods. The solution is also capable of managing offline payment processing for use cases like Transit, toll, parking etc. This is one of its kind solution in the Payments Industry which handles online and offline transactions in the same platform. This completely secure payment solution is available on a scalable SaaS model.

Feature List

  • Online and offline payment acquiring
  • Transaction pattern analytics
  • Integrated with leading core banking systems
  • Supports Card based and Account based transactions

Merchant Application

Merchant application is an instore Payment Solution for small and medium sized shops. The solution enables merchant to handle transactions using a mobile application over POS, UPI, QR or SMS. A powerful dashboard provides a consolidated view to the merchants and bank.


Merchant registration and on Boarding

Payment Acceptance

Promotions and Campaign Management

Dashboard and Analytics

Feature List

  • UPI, QR and SMS Payments
  • Customer trend analytics for targeted promotion
  • Social media tie ups
  • Consolidated view from all transaction channels
  • Service request and resolution tracking
  • Discounts, cashback, offers and deals
  • Merchant dashboard
  • Promotions