Empowering business efficiency: The guide to HDFC Bank’s SmartHub Vyapar

03 April, 2024

Are you searching for a solution that simplifies business management and boosts productivity? Look no further than HDFC Bank's SmartHub Vyapar. It is a tool created by one of India's top banks to help you collect payments from clients quickly and easily. But it's more than just about payments. It also offers help with keeping track of your stock, marketing your business and filling out your taxes.

The best part? It's very user-friendly, so you don't need to be a tech expert to use it. SmartHub Vyapar is designed to help you manage your business in a simple, efficient manner that helps improve your profits.

Why opt for SmartHub Vyapar?

The advantages of integrating a payment solution such as SmartHub Vyapar into your business operations are manifold:

1. Instant onboarding for HDFC Bank customers

If you're worried that setting up a payment collection platform requires a lot of technical knowledge, think again. SmartHub Vyapar is made to be easy for all business owners across the country to use. All you need is to open a Current Account with HDFC Bank, and then you can start collecting payments through the platform. You can even set it up in the language you prefer, choosing from English, Hindi and Tamil.

If you're already an HDFC Bank customer, things get even smoother for you. Thanks to instant onboarding designed specifically for HDFC Bank customers, you can effortlessly transition to using SmartHub Vyapar. All it takes is a quick download of the SmartHub Vyapar app from either the Play Store or App Store. From there, a simple registration process of just a few steps awaits you. This ensures you can dive right into managing your payments without delay or complications.

2. Simplified payment transactions

SmartHub Vyapar simplifies the process of sending and receiving payments, making it easy for both brick-and-mortar stores and online businesses. With this platform, you have the flexibility to accept payments in many ways. This includes Tap n Pay, UPI, QR codes, SMS Pay, and Debit and Credit Cards from customers both in the store and remotely. What makes it even more convenient is that all transaction data is centralised on a single dashboard. SmartHub Vyapar streamlines how you pay your vendors and handle essential payments like GST and utility bills.

Additionally, SmartHub Vyapar enhances the payment experience by providing instant notifications through voice, SMS, and in-app alerts for every successful transaction, keeping you informed in real time.

3. Enhanced customer satisfaction

Customer happiness is key to a strong business, and SmartHub Vyapar helps make your customers happy by letting them pay their way. They can choose from different payment methods, like using a simple QR code for quick digital payments. This flexibility during checkout can lead to a smoother experience and potentially more sales. SmartHub Vyapar also has a feature to keep track of any "Pay Later" credit you've given to customers.

With the Soundbox feature, you'll get immediate alerts for every payment made by your customers. This device supports multiple languages and comes with a long-lasting battery, ensuring you're always up to date on your transactions.

4. Get Instant Loans

Using SmartHub Vyapar comes with significant advantages for growing your business. It provides essential tools that allow you to promote your products and services, helping you attract both new and existing customers. With features designed to increase store visits and give you insights into customer behaviour, SmartHub Vyapar supports your business in essential ways.

SmartHub Vyapar also gives you a head start when applying for financial support through HDFC Bank. Enjoy the convenience of pre-approved status for Business Loans or Credit Cards, enabling you to access funding more easily when you need it.

SmartHub Vyapar simplifies the loan application process with quick, straightforward and paperless options right from the app. You can check your eligibility for pre-approved loan amounts and apply directly, choosing from various financial products, such as Business Loans, Overdrafts and Loans on Credit Cards, to meet your specific business needs.

​​​​​​​Understanding the advantages of merchant payment solutions and the specific benefits that SmartHub Vyapar offers, it's clear that this comprehensive platform can be a key asset for your business. It's designed to streamline your payment processes and support your business expansion. Considering this, adopting SmartHub Vyapar as your all-in-one solution for managing payments and fostering business growth could be a wise decision.