| AU Small Finance Bank Merchant Payments — AU UPI QR, Soundbox & POS | AU UPI QR accepts payments from UPI apps, UPI Lite and RuPay credit cards on UPI. Separate POS and payment-gateway services extend card/online acceptance. AU Soundbox provides instant voice confirmation and can be requested in-app with a selected rental plan. POS is separately published as a merchant acceptance service. | AU lets merchants select Instant or Once/Twice-a-Day settlement for UPI QR. The reviewed FAQ also publishes scheduled windows: receipts from 11:00 p.m.–4:00 p.m. settle same day around 8:00–10:00 p.m.; receipts from 4:00–11:00 p.m. settle next day around 11:00 a.m.–1:00 p.m., depending on selected cycle. AU 0101 Business App shows real-time transactions, settlements, transaction history, filters and downloadable reports. |
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| Axis Bank Merchant Payments — NEO for Merchants & Merchant Acquiring | Axis merchant acquiring includes POS terminals, Bharat QR, UPI/card acceptance and online payment-gateway capabilities. Axis documents Android Smart POS/Pocket POS/Micro Pay-style terminals and NFC Soundbox that accepts both UPI and contactless card transactions. | Settlement configuration is merchant/product specific; the reviewed current portfolio does not justify one universal Axis T+0/T+1 settlement promise. NEO for Merchants provides servicing/analytics; merchant gateway capability includes reporting/dashboard and transaction-status enquiry. |
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| Bank of Baroda Merchant Payments — bob World Merchant | Merchant solutions include UPI QR, debit/credit-card and UPI POS, Merchant Gateway for cards/UPI/wallet/netbanking, and BHIM Aadhaar Baroda Pay. POS accepts debit card, credit card and UPI and can be customized/integrated. Soundbox is offered in no-display, display and display-plus-Dynamic-QR variants. | UPI QR notifications are real-time, but notification speed is not converted into one universal settlement timing for POS/gateway/other merchant rails. Soundbox merchants can view transaction history; gateway/POS products provide merchant reporting/integration capability according to the selected service. |
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| Canara Bank Merchant Payments — Merchant 360 & BHIM QR | The core profile covers BHIM QR/VPA UPI collection. Canara separately offers POS, Soundbox, Payment Gateway and other collection products with their own eligibility/commercial treatment. POS and BHIM QR Soundbox are separate merchant products/benefits. Free-device treatment can exist under specific current-account tiers and is not generalized. | BHIM QR credits are explicitly instantaneous/real time to the linked account. No universal POS/gateway settlement timing is inferred from that UPI-specific rule. Merchant 360 provides downloadable password-protected account statements and bank-recorded transaction details for reconciliation. |
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| Federal Bank Merchant Payments — Bharat QR, POS & Fed-e-gate | The merchant stack includes integrated Bharat QR + UPI QR, physical POS and Fed-e-gate online card acceptance; SoundBox provides real-time payment alerts for QR merchants. Federal separately publishes POS terminals and a SoundBox that gives real-time payment alerts; the SoundBox is an alert device and should not be treated as the settlement rail itself. | The reviewed Bharat QR page states merchant credit is usually on T+2 settlement for the Bharat-QR/card route, while UPI-platform transactions are credited to the merchant in real time. Transactions appear in transaction history/bank statement and successful transactions generate instant notifications; broader POS/gateway reconciliation depends on the selected merchant service. |
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| HDFC Bank Merchant Payments — SmartHub Vyapar | In-store acceptance includes QR, UPI, cards, Soundbox and POS; remote acceptance includes link-based card/UPI collection through SMS Pay. POS and Soundbox can be requested through the merchant stack; Soundbox provides multilingual payment alerts and HDFC also offers an All-In-One POS/QR/Soundbox device. | HDFC advertises instant settlement for UPI as an option; the current SmartHub FAQ states default successful card and UPI settlement is next day (T+1), with settlement history visible in-app. The app/web portal provides transaction and settlement reports, one-view tracking across outlets and reconciliation across payment modes/devices. |
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| ICICI Bank Merchant Payments — UPI Collections, Sound Box & InstaBIZ | Merchant solutions include UPI QR, Sound Box, NFC Sound Box accepting UPI/cards, POS and broader payment-link/gateway/UPI collection tools in the ICICI business stack. Sound Box gives audio/visual confirmation; NFC Sound Box accepts UPI and cards, supports Dynamic QR, consolidated settlement and monitoring. POS servicing/reporting is available through the merchant dashboard. | UPI Collections advertises flexible settlement options and NFC Sound Box advertises consolidated settlement. No timing is generalized across all merchant products without a product-specific source. UPI Dashboard provides real-time updates and downloadable reports; the Sound Box/POS Dashboard provides unified monitoring, analysis and service-request access. |
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| IDFC FIRST Bank Merchant Acquiring — POS, UPI & Gateway | IDFC FIRST lists mPOS, POS, payment gateway, Aadhaar Pay and UPI QR, with card, prepaid/wallet and other supported electronic payment modes depending on channel. POS and mPOS are explicitly published. A universal Soundbox entitlement is not inferred from the reviewed current public product pages. | No single public merchant-acquiring settlement clock is published across POS, UPI and gateway in the reviewed pages. Virtual-account electronic collections are separately described as instant credit for use and must not be reused as the POS settlement SLA. Every transaction can be recorded/viewed; virtual accounts embed payer information, provide day-end MIS and support ERP integration for reconciliation. |
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| IndusInd Bank Merchant Solutions — POS, QR & PayByLink | In-store/remote acceptance includes POS, static/dynamic QR, PayByLink and gateway routes; POS supports credit/debit cards and UPI QR is separately offered. POS supports contact/contactless cards and multiple device types; Soundbox provides audio confirmation for QR payments and is separately offered. | The merchant app states auto-settlement into the account by the next working day. Qualifying Merchant Select/Select Plus pages separately offer immediate click-to-settle even on bank holidays for nominal charges. The app provides settlement statements, sales/volume trends, transaction views and service tracking; staff can view payments and digital settlement statements. |
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| Kotak Mahindra Bank Merchant Payments — POS & kotak.biz | POS accepts debit/credit cards by insert, swipe and contactless tap; Dynamic QR can enable UPI acceptance. International cards can be accepted when the relevant VAS is enabled. Physical POS is the primary reviewed device layer. Kotak.biz provides phone/app merchant tools; Soundbox availability is not generalized into a universal POS entitlement from the reviewed current product page. | Standard POS settlement is T+1 into the Kotak Current Account and the reviewed page says settlement occurs on all 365 days. Optional Same Day Settlement offers two cycles: transactions up to 2:00 p.m. targeted by 5:30 p.m., and up to 5:00 p.m. targeted by 8:30 p.m.; the service is unavailable on Sundays. Kotak provides POS transaction statements and merchant reporting; kotak.biz also supports digital reports and service-request tracking. |
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| SBI Merchant Payments — SBI Payments & YONO SBI Merchant | YONO SBI Merchant supports UPI/QR, contactless card Tap to Pay, YONO Sale and YONO Cash; SBI Payments separately offers physical POS and AudioBox acceptance products. An NFC-enabled Android phone can act as a contactless POS through YONO SBI Merchant. Separate SBI Payments POS terminals and AudioBox products have their own onboarding and commercial terms. | YONO SBI Merchant provides auto-settlement and settlement reports. An exact universal settlement clock is left unfilled where the current primary page does not publish one. Merchants can view transactions and settlement reports in the app; auto-settlement is presented as simplifying accounting. |
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| YES BANK Merchant Acquiring — POS, QR, Soundbox & YES BIZ+ | The current bank page lists POS terminals, BQR standee, cards, UPI and SMS-link payments as end-to-end merchant collection modes. POS and Soundbox are explicit merchant solutions. The current page offers variant-linked rental/installation incentives and no Soundbox charge in a qualifying throughput month rather than one universal free-device promise. | The reviewed current merchant-account page does not state one universal POS/UPI settlement timetable, so settlement remains acquiring-plan/rail specific rather than guessed. Merchant collection modes and the bank's merchant solution/app ecosystem support transaction management; exact report/export capability remains product/app specific unless directly published. |
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