Axis Bank launches new app for merchants in partnership with Visa, Mintoak; check details

Private sector bank Axis Bank on Tuesday launched a new payment acceptance app for all merchant needs — neo for merchants — in tie-up with VISA and merchant SaaS platform for banks Mintoak. The app allows merchants to accept payments, view transaction reports, and raise service requests without relying on the relationship manager.

Merchants would be able to accept payments via Cards, SMS Pay and UPI from the app along with access transaction and settlement reports, the bank said.