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QIX -Pay <\/h4>\nQIX -Pay <\/h4>\nConnecting Billers & Payers<\/strong><\/p>\n <\/p>\nThe Merchant Side<\/strong> QIX leverages QR codes to simplify card payments and takes them to hitherto unaddressed segments of the market. It cuts costs, increases efficiency and expands the market.<\/p>\n QIX is result of out-of-the-box thinking leading to creation of an out-of-the-ballpark solution.<\/p>\n\t Merchant Side<\/strong><\/p>\n <\/p>\n <\/p>\n\t Need to submit the invoice\/bill for expense re-imbursement claim to your employer?<\/strong><\/p>\n We make life easy for you. If the merchant has not sent it already, you can scan and store a copy of the bill for future reference.<\/p>\nSeamless Integration to BNPL Providers<\/strong> QIX -Pay Canada Connecting Billers & Payers The Merchant Side POS Machine? For what? QR Codes makes POS machines obsolete, specially for small businesses. If Jack Dorsey was to launch Square today, he won’t be using a Card Reader or POS machine. QR code does all a POS can do and without the costs and more efficiently. All Payment Methods. QR code enables ‘interoperabilty’ and can support non-card payment methods such as Zelle, Paypal, Venmo, FedNow etc. BNPL Connects. In future, seamless integration to BNPL (Buy Now Pay Later) providers (Lenders) enable merchants sell more. The Customer Side ‘KYM’ – Know Your Merchant. Card systems are beset with frauds arising out of transactions the customer does not know about. On QIX the customer pays ‘explicitly’ to merchants that he knows. If there can be KYC, then why not KYM. App Not Mandatory. The Customer can use any QR Code…<\/p>\n
\n![\"\u25aa\"](\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/25aa.svg\")
POS Machine? For what? QR Codes makes POS machines obsolete, specially for small businesses. If Jack Dorsey was to launch Square today, he won’t be using a Card Reader or POS machine. QR code does all a POS can do and without the costs and more efficiently.
\n All Payment Methods. QR code enables ‘interoperabilty’ and can support non-card payment methods such as Zelle, Paypal, Venmo, FedNow etc.
\n BNPL Connects. In future, seamless integration to BNPL (Buy Now Pay Later) providers (Lenders) enable merchants sell more.\nThe Customer Side<\/strong>
\n ‘KYM’ – Know Your Merchant. Card systems are beset with frauds arising out of transactions the customer does not know about. On QIX the customer pays ‘explicitly’ to merchants that he knows. If there can be KYC, then why not KYM.
\n App Not Mandatory. The Customer can use any QR Code Reader to make a payment. The App does provide significant benefits, though.
\n Integrated Lending. BNPL integration provides seamless options to finance a purchase which otherwise the Customer may not be able to make.
\n QR code will change the way card payments are done.
\n North America is a greenfield market for QR Code and it can take card payments to markets hitherto unaddressed.\n![\"\"](\"https:\/\/ifour-inc.com\/wp-content\/uploads\/2024\/04\/alipay-5417261_1280-150x150.jpg\")
<\/strong><\/p>\n Merchant On-boarding. Merchant will be onboarded with QIX2Pay and their Account
\nCredentials will be registered with Stripe.
\n Merchant App. Merchant will have a
\nQIX2Pay app downloadable from Gpay
\n(iTunes store later).
\n New Payment. Merchant will enter the
\ntransaction amount on the Merchant App.
\nThe Merchant can (optionally) enter Invoice No.
\nand\/or upload an Invoice File.
\n QR Code. The app will generate a QR Code which
\nthe Customer can use to make a payment.
\n Transaction Confirmation. The Merchant will see the
\nTransaction Confirmation on this app.
\n Settlement. The monies will be paid in the
\nMerchant’s Bank Account directly by Stripe.
\nCustomer Side
\n App Not Needed. Customer does not need to
\ndownload any app to make a payment.
\n QR Code Reader. They can use any QR Code reader.
\nThe link takes them to a webpage hosted by Stripe
\nwhere the Customer makes the payment.
\n Card-on-File\/Token. Customer has an option to store
\ncard data with Stripe (with Token Option) for future use.
\n Customer App. In future QIX2Pay will offer a customer
\napp which will provide the ability to:
\n Scan Paper Bill and make a payment
\n Set-up and process Recurring Payments
\n Recall Payments History
\n View\/share Merchant Invoices\/Bills\n![\"\"](\"https:\/\/ifour-inc.com\/wp-content\/uploads\/2024\/04\/qr-code-working-150x150.jpg\")
The Generic App<\/strong>
\n Simple Collection App. The simple collection app allows the
\nbasic functionality:
\n Specify the Transaction Amount
\n Generate a QR Code which the
\nCustomer can read using any QR
\nCode Reader to make a payment
\n Payment is processed by Stripe
\n Settlement is made by Stripe
\ndirectly to the Merchant
\n Reference Document. The Merchant can provide an Invoice
\nReference No and\/or upload an Invoice which the customer
\ncan use for reference.
\n Transaction History & Reporting. The app provides basic
\nfunctionality for reporting. All these reports can be
\ndownloaded as JSON or XML or CSV files.\nThe Temple Use-case<\/strong>
\n Religious Donations Use-case. While the generic use-case can
\nwork for religious institutions, QIX2Pay provides specific
\nfunctionality for this segment.
\n Specific features.
\n The donor can specify the amount privately
\non their own device
\n The donor can remain anonymous
\n QR Codes can be provided at multiple sites on the location
\n Ability to define Recurring Donations for events such as
\nDeath Anniversaries, etc.
\n Price List for specific procedures such as Ganesh Pooja etc.\n![\"\"](\"https:\/\/ifour-inc.com\/wp-content\/uploads\/2024\/04\/42d7baea65bda709709bb1f1ed60e886-216x300.png\")
Next Use-cases<\/strong>
\nHandymen<\/strong>
\nDogwalkers<\/strong>
\nBabysitters<\/strong>
\nNurses<\/strong>
\nHome Services<\/strong>\n Open Definition of Service Categories. Service Categories can be added as needed.
\n Service Category Definition. The Service Category definition includes:
\n Regulatory Documentation needed such as Licenses etc.
\n Service Measurement Metric can be Hourly, or Per Occurrence
\n Monthly\/yearly Contract Options with
\nDefined Free Services Included\nFeatures.<\/strong>
\n Service Scheduling across multiple Customers
\n VoIP calling with the Customer.
\n Sending the invoice to a Remote Payer enabling remote payments\n Food Truck \/ Cart<\/strong>
\n Menu Card Definition. Merchant can define their offerings menu.
\n Order Ahead and Pick-up.
\n Customer can browse the menu and place an order.
\n Customer makes the payment.
\n Customer picks-up the paid-for order from the Merchant location.
\n Customer can provide approximate time of pick-up.
\n Speak-out. The device speaks-out transaction confirmation so it can work in unattended mode.\nNFC Tap-n-Pay<\/strong>
\nIn the next version, QIX will support NFC tap-npay, if the Merchant has an Android device with NFC capability.\n![\"\"](\"https:\/\/ifour-inc.com\/wp-content\/uploads\/2024\/04\/images-150x150.jpg\")
Merchant:<\/strong>
\nNo POS Machine needed<\/strong>
\nMerchants can accept cards using QR codes. QR code can be static\/printed (customer enters Transaction Amount), or, dynamic (includes Transaction Amount). No need for POS hardware. Monthly saving of $250-750 (or even more).\nSupport for Non-Card Payment Methods<\/strong>
\nAs non-card payment methods such as Fednow, Paypal, Venmo, Zelle etc., find more and more acceptance, in future QIX will provide merchants with these options.\nSeamless Integration to BNPL Providers<\/strong>
\nMerchant can provide customers the option to make installment purchases using BNPL (Buy Now Pay Later) options from various banks and lenders. This can often lead to increased sales as customer can now find immediate financing.\n![\"\"](\"https:\/\/ifour-inc.com\/wp-content\/uploads\/2024\/04\/credit-card-1730085_1280-1-150x150.jpg\")
Customer:<\/strong>
\nKYM – Know Your Merchant<\/strong>
\nKnow who you are paying before you make a payment and the payment itself, is something that you make explicitly. We don’t debit your card. You debit it to make payments – which pretty much means no frauds.
\nSupport for Non-Card Payment Methods<\/strong>
\nDon’t pay credit card fees and charges if you don’t like. Pay using your bank account using Paypal, Venmo, Zelle etc.
\nMore payment options. More flexibility. Store Bill Copy .\n
\nMerchant can provide customers the option to make installment purchases using BNPL (Buy Now Pay Later) options from various banks and lenders. Customer can now purchase what they otherwise could not.\n\n","protected":false},"excerpt":{"rendered":"