This app enables websites using Kyash Payment Gateway to receive payment and cancellation notifications and update their systems automatically. Installation of this app is highly recommended for Shopify Merchants who are using Kyash Payment Gateway.
How does it work?
Kyash payment Gateway integrates as a payment option on the checkout page. A customer who opts to pay via Kyash is given three options -
1. Pay via UPI: Customers can pay via any UPI app to confirm their order instantly upon checkout.
2. Pay via Pay2Account: A unique easy-to-remember account number is provided to customer to pay via NEFT/RTGS/IMPS.
3. Pay via KyashCode: An 8-digit KyashCode and a list of nearby outlets (based on pin code) are shared with the customer. The customer must mention the KyashCode when making the payment at the outlet.
Once the customer pays, the merchant is updated of the payment automatically via API and email. Customer also receives payment confirmation via SMS instantly. Settlement is made directly to Merchant's bank account within 2 working days.
How safe is Kyash?
All our systems and processes are as per RBI's operative guidelines for payment intermediaries. All payments are processed via a Nodal (escrow) account which is audited as per RBI regulations.
For cash payments, we tie up only with trusted and reliable service providers and outlets with a proven service track record. All outlets are enrolled after due diligence and our process ensures that all customer payments are 100% safe. In other words - Once we inform you that a customer payment has been made, we will pay you unless any issue is raised by the customer or if you ask us to refund the payment, similar to an online payment gateway.
Kyash is currently available for Indian businesses only.