CRED, the most valuable payment platform, creates an upgraded checkout experience for UPI transactions at offline lifestyle merchants. The new experience includes pocket, kiosk, and dynamic QR checkout terminals that allow merchants to offer a rewarding experience to their affluent customers, allowing them to complete his advanced UPI journey from scanner to rewards. Masu.
CRED checkout terminals come in a variety of form factors, from pockets to kiosks, and are intended to extend the immersive experience of CRED Scan and Pay. Leading retailers serving lifestyle needs such as fashion and dining can apply for specially designed CRED Dynamic QR devices powered by Pine Labs and Razorpay POS.
The new terminals will allow merchants to offer personalized and targeted offers to specific types of users, cards, and transactions. All Her UPI users can pay through Her CRED checkout terminals from any app.
CRED members have access to a fully upgraded UPI experience. When you open the scanner, you get an immersive designer experience that interacts with and takes on the colors of the environment (in this case, the merchant). CRED terminals can provide additional benefits and enhance the contextual experience for specific users. By completing all her UPI transactions, members also earn cashback that can be used to pay credit card bills.
CRED has completed pilots of these devices and plans to roll them out to leading lifestyle retailers across India throughout the year. CRED's checkout experience is primarily aimed at merchants in affluent regions where the average order value is higher and is paid by credit card. These include supermarkets, quick-service restaurants, salons, fashion and other lifestyle retailers. Merchants in these categories can apply to CRED to be invited to the program.
Akshay Adura, CRED“CRED UPI is a payment experience for the wealthy. CRED members also use UPI for big-ticket purchases at Premium Outlets, and from scanning to checkout to rewards, CRED members use UPI to make the most of their moments. We've created an experience that allows merchants to engage with affluent customers by providing a premium and rewarding experience for high-value payments, not just credit card bills. Members can enjoy benefits whether they pay by credit card or UPI.
About CRED
With a mission to celebrate and reward trustworthy individuals, CRED is a transparent and complete digital platform for trusted individuals, brands, and institutions. With an empathetic approach to design, CRED makes financial decisions visible, fun and rewarding for members, and facilitates access to a better life in the form of exclusive rewards and experiences. Admission to CRED is based on an individual's credit score. Download CRED on iOS and Android.