UCO Bank starts digital onboarding merchant campaign

Chandigarh (Uttam Hindu News) – In a series of efforts by the Government of India to encourage digital payments, UCO Bank has launched a campaign called OM (Onboarding of Merchants) offering waiver of charges for Merchant QR (with App) and Sound Box in its various current account schemes. is introduced. Circle head Ghanshyam Parmar provided QR codes and sound boxes to shopkeepers in the customer meeting held in Chandigarh. Parmar said every new current account customer opening an account with Rs 10,000 and above from February 6 will be eligible for free installation and rental waiver for one month to six months. In this program organized with the aim of making the merchants aware about digital payments, he said that with the use of modern technology, it will be convenient for the customers to make quick payments and it will also be easy for the merchants to monitor and reconcile the amount received and also at the time of both. There will also be savings. Additionally the Bank is offering absolutely free installation and full discount on monthly rental of QR Codes and Sound Boxes through its premium current account products namely UCO Care Plus and UCO Business Plus. Traders appreciated this initiative taken by UCO Bank and described it as very useful for them. The Bank has taken this initiative with the aim of introducing merchants to payment and settlement system services powered by state-of-the-art technology.