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Axis Bank launches Sarathi platform for easy PoS onboarding of merchants

Published on May 26, 2023
Current Context: Axis Bank has launched Sarathi, a digital onboarding platform for POS terminals, streamlining the merchant acquisition process. Sarathi is a first of its kind digital onboarding journey to enable Electronic Data Capture (EDC) or Point of Sale (POS) for merchants.
Axis Bank launches Sarathi platform for easy PoS onboarding of merchants
  • The platform provides a seamless and hassle-free experience for merchants, enabling them to complete the onboarding process in just four simple steps.
  • The platform also eliminates the field verification process and provides quick installations within 45 minutes of processing the application. 
  • Sanjeev Moghe, President & Head - Cards & Payments, Axis Bank, said that Sarathi gives them the immense potential to drive value for both merchants as well as the sales channel, especially at a time when instant gratification is the norm.

Question:

Q.1 What is the name of the digital onboarding platform launched by Axis Bank for POS terminals?
a. Sarathi
b. Sathi
c. Sarthak
d. Sankalp
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