The fastest & safest way to receive payment via QR code for Merchants with PWR

Latest Version

Aug 31, 2023
Google Play ID

Merchant App - PWR APP

Merchant App - Pay With Ring (PWR) is a payment app for merchants that allows them to receive payments from any UPI app. It also provides the easiest and smartest way to track and manage finances and offers a hassle-free loan to help grow their businesses.

Accept payments from any UPI Apps
The Merchant app offers the fastest and safest way to receive payments through QR codes. It makes payment acceptance effortless by offering merchants a unique QR to receive payments from Google Pay, PhonePe, Paytm, BHIM, Amazon UPI, and 100+ other banking apps.

Track and Manage your funds and expenses
The Merchant app also offers an expense tracking feature that helps you to track your expenses, budget, and manage your finances. The expense tracker helps you to track your spending, manage your expenses and set your daily, weekly, monthly and yearly budget most effectively and efficiently therefore SAVE your hard cash. You can control your spending, and budget, and save more money using this expenses tracker.

Avail loan and grow your business

Merchant App - Ring works with RBI registered NBFC (Si Creva Capital Services Pvt Ltd) for providing loans to the merchants facing last-minute expenses or working capital requirements, or regular expenses such as salaries/bill payments? Opt for Merchant loans from Rs. 5,000 to Rs. 5,00,000 disbursed into your account at easy and affordable interest rates ranging from 15% to 25% p.a. and processing fee in a range of 2% to 5% for the tenure up to 24 months. The merchant loan is based on the transaction volume generated through QR code and other credit parameters such as bureau score, vintage of the merchant, merchant profile, working cycle etc.

Example of a Ring merchant loan:

Loan amount (Principal): ₹ 30,000.
Tenure: 12 months.
Interest Rate: 18% per annum.
Processing Fee (incl. GST): ₹ 750 (2.5%).
Total Interest: ₹ 3,005.
EMI: ₹ 2,750.
APR: 22.91%.
Loan amount is ₹ 30,000. Disbursed amount is ₹ 29,250.
Total loan repayment amount is ₹ 33,000.
Total Cost of the Loan = Interest Amount + Processing Fees = ₹3005 + ₹750 = ₹3755.

Top category & Businesses who have used Merchant app to manage and receive payments and availed instant credit from Merchant app
• Instant credit for Kirana Shop, Grocery Store
• Instant loan for Mobile Recharge & Electronics Shops
• Quick Credit for Bakery, Snacks & Juice Shops
• Personal online credit for Medical Store, Local Pharmacy
• Instant Cash Street vendors, Fruits and Vegetable shops
• Personal loan for Garments & tailor shop
• Small business loan for Jewellery shop

Features & Offerings
• Receive payments from any UPI App with a single QR code
• Instant credit only on your PAN Card Number & Digital copy of your Aadhaar Card
• Loan Disbursal within 5 minutes
• Multiple Repayment Options
• Track and manage your money & expenses in one place
• Control your spending, budget, and save more money using this expense tracker

• PAN Card Number
• Digital copy of Aadhaar Card

How to register with Merchant App
• Install the Merchant app
• Register with your contact number
• Enter basic details & complete your online KYC
• Enter bank details
• Keep accepting payments through Merchant QR codes and start managing & tracking your expenses and avail of instant merchant loans.

Contact us
For any queries & grievances, you can contact us on the below-mentioned details
Call: 022 4143 4302
Address: 2nd Floor, Der Deutsche Parkz, Nahur West, Mumbai, MH-400078

The application is SSL certified, and all transactions are 100% safe and secure.
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