Case Study

Making Every
Small Business
Go Cashless.

Designing Benow — India's pioneering UPI merchant platform connecting buyers, merchants, and brands. Acquired by Pine Labs Group.

Cashless Technologies Fintech / Payments UPI Platform Mobile-First
3
User Segments
15K+
Pincodes Served
Acquired by
Pine Labs
Benow offers hub showing Cashback, Instant Discount, No Cost EMI, Bank Offers, and Brand Offers — Enabling happiness
The Context

India's Small Business Cashless Revolution

In a country where millions of small merchants still relied on cash and paper ledgers, Benow set out to make every transaction digital, instant, and effortless.

Incorporated in 2016, Benow (Cashless Technologies India) pioneered aggregating merchants on UPI. The original vision was ambitious: create a single app that served three fundamentally different user groups — individual buyers splitting bills with friends, neighborhood merchants offering credit to regulars, and brands reaching new customers through targeted promotions.

The platform wasn't just a payment gateway. It was a complete digital commerce ecosystem — combining P2P payments, bill splitting, digital Sodexo coupons, merchant credit (E-Khaata), and brand promotion into one cohesive experience. Benow won Best Instore Payment Solution at the Payments & Cards Awards multiple years running (2017, 2018, 2019). By 2019, the product had evolved into a full merchant POS platform — pioneering deviceless EMI, partnering with Samsung, and earning PCIDSS certification.

The platform expanded rapidly through 2020–2021 with HDFC Bank and ICICI Bank partnerships, deferred cashback capabilities, and business expansion with consumer electronics brands like LG, Samsung, and Panasonic. Benow achieved an industry first with Instant Cashback on Cards in 2021, was acquired by Mosambee, and subsequently acquired by the Pine Labs Group in 2022 as an independent entity. By 2023, the platform had pioneered Instant UPI Cashback — a fitting capstone to a journey that began with aggregating merchants on UPI in 2016.

Role
UX Advisor and Product Design Consultant
Company
Benow / Cashless Technologies India
Scope
End-to-end UX: Buyer App + Merchant POS + Brand Console + Web Portal
Engagement
Via Article8 (UX Consultancy)
Industry
Fintech / Digital Payments / UPI
Outcome
Acquired by Pine Labs
Platform
Android + iOS + Merchant POS App + Web Console
Timeline
2016 (Founded) — 2019 (Deviceless EMI) — 2022 (Acquired by Pine Labs)
The Challenge

Three Users, One App, Zero Confusion

Designing separate workflows for buyers, merchants, and brands — each with distinct mental models — without fragmenting the experience.

The core design challenge was unlike a typical single-audience app. Benow had to serve three primary user groups with fundamentally different needs, contexts, and technical literacy. A buyer splitting a dinner bill needs speed and simplicity. A merchant tracking credit for 50 regular customers needs structure and accountability. A brand launching a hyperlocal promotion needs reach and analytics.

Each group had distinct interactions with the app, and the challenge was to design separate workflows that catered to these diverse user segments while ensuring a consistent and intuitive user experience. The navigation, visual language, and interaction patterns had to feel unified even when the underlying workflows diverged completely.

Getting this wrong would mean three mediocre tools instead of one great platform. In India's hyper-competitive fintech market — with PhonePe, Google Pay, and Paytm already dominant — there was no room for a confusing user experience.

Research & Discovery

Understanding Three Worlds

User interviews and surveys with buyers, merchants, and brands to validate needs and uncover pain points across all three segments.

Buyers Want Speed, Not Features
Buyers sought a convenient and secure method to split bills and share expenses. They needed a straightforward, user-friendly interface to make quick peer-to-peer payments — not another feature-heavy super-app.
Merchants Need a Digital Khaata
Small merchants required a feature to enable customers to buy items on credit — a digital version of the traditional paper ledger (khaata). They needed a portal to manage these credit logs effectively without changing their fundamental business rhythm.
Trust Is the Biggest Barrier
For both buyers and merchants, the primary anxiety wasn't about features — it was about trust. Merchants worried about digital credit disputes. Buyers worried about payment security. Every design decision had to communicate reliability and transparency.
Brands Want Hyperlocal Reach
Brands wanted to roll out special offers and promotions targeting potential buyers near specific merchants — not mass-market campaigns. The location-aware merchant network was the key differentiator they couldn't get from Google or Facebook ads.
Strategic Decisions

Four Bets That Shaped Benow

The design decisions that defined the platform's identity and differentiated it in India's crowded payments landscape.

Decision 01
Unified App with Segmented Workflows
Rather than building three separate apps, we designed one unified platform with contextual workflows that adapted to each user segment. The home screen surfaced relevant actions — bill splitting for buyers, credit management for merchants, campaign tools for brands — while maintaining a consistent visual and interaction language throughout.
Chose: Single Platform Over: Separate Apps
Decision 02
Chat-Based Payment Conversations
Payment requests and bill splits were designed as conversations rather than forms. The chat-based interaction pattern felt natural to Indian users already accustomed to WhatsApp. It reduced the formality of financial transactions and made splitting bills feel like a casual conversation between friends.
Chose: Chat-First UX Over: Form-Based
Decision 03
Merchant Discovery via Location
Made nearby merchant discovery the default entry point for buyers — categorized by type (Groceries, Food, Chemists, Lifestyle) with favorite counts. This turned a payments app into a local commerce platform, giving merchants organic visibility and giving buyers a reason to open the app even when they weren't splitting a bill.
Primary: Location-Based Discovery
Decision 04
Guided Merchant Onboarding
Designed an illustrated, step-by-step onboarding walkthrough for the merchant web console — recognizing that many small merchants were first-time users of digital tools. Visual tutorials for setting up e-Stalls and sending SMS payment links reduced support calls and made self-service adoption viable at scale.
Built: Illustrated Walkthroughs Over: Text Documentation
The Solution

Three Surfaces, One Platform

The key features I designed across Benow's buyer, merchant, and brand experiences.

Surface 01

Buyer App — Pay, Split, Discover

The buyer experience centered on three core actions: sending money via UPI, splitting bills with friends ("Go Dutch"), and discovering nearby merchants. The home screen used a chat-style feed showing Favourites, Nearby merchants, and Friends — making payment history feel like a conversation thread rather than a transaction log.

Key features included the "Add Regular Merchants" prompt (surfacing 232 merchants in the user's area), the "Go Dutch" bill-splitting flow, and UPI payments — all accessible from prominent, color-coded action cards at the bottom of the home screen.

Benow buyer app home screen showing Favourites, Nearby, and Friends tabs with chat-style feed and action cards for merchants, bill splitting, and UPI payments
Buyer — Home feed with action cards
Benow merchant discovery screen showing categorized local merchants — Groceries, Food and Beverages, Chemists, Lifestyle, Fruits and Vegetables — with favourite counts
Buyer — Merchant discovery by category
Benow transaction history showing payments filtered by All, Cash, Credit/Debit Card, Sodexo, and UPI with success and failure states
Buyer — Transaction history with filters
Surface 02

Merchant Console — Onboard, Collect, Grow

The merchant web console was designed for small business owners who were often first-time digital users. The experience prioritized guided onboarding with illustrated walkthroughs — showing merchants how to set up their e-Stall, send SMS payment links to customers, and manage their digital credit ledger (E-Khaata).

Every interaction was designed to minimize text and maximize visual cues. The step-by-step wizard used friendly illustrated characters and a clear "That's It!" confirmation pattern that built merchant confidence in a tool most had never used before.

Benow merchant console onboarding walkthrough showing illustrated guide for setting up e-Stall and sending SMS payment links
Merchant — Guided onboarding walkthrough
Benow merchant SMS payment link confirmation screen with illustrated character and Send SMS Payment Link button
Merchant — SMS payment link confirmation
Surface 03

Brand Partnerships — Sodexo & Promotions

To accommodate brands, we created a dedicated section in the app for promotional campaigns and strategic partnerships. The Sodexo integration was a marquee feature — allowing Sodexo Mobile Pay cardholders to transact directly through Benow, bridging corporate meal benefits with neighborhood merchants.

Brands could easily create, schedule, and track their offers to attract buyers. The "Watch this space" banner on the merchant discovery screen doubled as promotional real estate, giving brands a native advertising surface that felt informational rather than intrusive.

Sodexo Mobile Pay partnership collateral showing Benow as an accepted payment platform
Brand — Sodexo Mobile Pay partnership
Benow brand campaign featuring the tagline Ab har chota business banega bada Benow ke saath targeting small business growth
Brand — Campaign: Every small business will grow big
The Evolution — 2019 Onwards

Merchant POS — EMI, Offers & Cashback

By 2019, Benow had evolved from a consumer P2P app into a full merchant point-of-sale platform — pioneering deviceless EMI and partnering with Samsung. The merchant POS app enabled retailers to process Brand EMI, Bank EMI, full swipe transactions, and cashback offers — turning every neighborhood store into a fintech-enabled business. The interface supported voice-activated product search and integrated payment partners like LazyPay, Amazon Pay, Zest, and CashE for flexible EMI plans.

Through 2020–2023, the platform expanded with HDFC Bank and ICICI Bank partnerships, enabled deferred and instant cashback on cards, and grew across CDIT brands (LG, Samsung, Panasonic). The offers hub — surfacing cashback, instant discounts, no-cost EMI, bank offers, and brand offers — became the central merchant surface. This evolution from P2P to POS led to acquisition by Mosambee in 2021 and subsequently by the Pine Labs Group in 2022.

Benow merchant POS app showing Sale, Offers, and Other tabs with Brand EMI, Bank EMI, Full Swipe, Non Brand, Others, and Void transaction options plus voice command
POS — Sale dashboard with EMI options
Benow Brand EMI billing screen showing payment partner selection including LazyPay, Zest, Amazon Pay, and CashE with 6, 9, and 12 month EMI plan options
POS — Brand EMI with payment partners
Benow offers hub showing Cashback, Instant Discount, Check Eligibility, No Cost EMI, Bank Offers, and Brand Offers with Enabling happiness tagline
POS — Offers hub: Enabling happiness
Governing Principles

Four Rules for Every Screen

These principles governed every design decision on Benow — from onboarding flows to payment confirmations.

01
Trust Through Transparency
Every payment state — pending, successful, failed — must be immediately visible. Transaction history filters by method (Cash, Card, Sodexo, UPI) so users always know where their money went.
02
Speed Over Completeness
Core payment actions — scan, pay, split — must be reachable in under two taps. In a market where users compare speed against PhonePe and Google Pay, every extra step is a lost user.
03
Show, Don't Tell
For digitally nascent merchants, illustrations and visual walkthroughs replace text instructions. Onboarding feels like a friendly tutorial, not a form to fill out.
04
Local Context Is King
Navigation starts with location. Merchant discovery defaults to "your area." The Benow assistant speaks the user's language. Every experience is rooted in the neighborhood, not the internet.
Impact & Results

From Startup to Acquisition

Benow's UX-focused approach delivered measurable results across all three user segments — ultimately leading to acquisition by Pine Labs.

3x
Distinct user workflows unified into one cohesive platform experience
100K+
Users onboarded in Year 1
Multiple
Payment methods supported including Amazon Pay, LazyPay, Sodexo, UPI, Credit Card, Debit Card, Brand EMI
Acquired by Pine Labs

"High user satisfaction ratings across all user groups. Increased adoption by both individual users and businesses. Successful onboarding of numerous brands offering promotions. Positive feedback from merchants regarding the ease of managing credit transactions."

Benow — Product Results Summary

The platform's success in creating a genuinely multi-sided marketplace — where buyers, merchants, and brands each found independent value — was ultimately validated when Pine Labs acquired Benow, integrating its merchant network and payment technology into their broader point-of-sale ecosystem.

For me, this project was a masterclass in designing for multiple audiences simultaneously. The discipline of keeping three mental models coherent within one product influenced every multi-stakeholder project I've led since.

The Framework

Deep Dive Design in Action

How co-creative collaboration with Benow's product and engineering teams produced a platform that served three audiences without compromise.

Designing for buyers, merchants, and brands simultaneously meant constant negotiation between competing priorities. Buyer simplicity vs. merchant capability. Brand visibility vs. user experience purity. Speed-to-market vs. design quality.

My approach was rooted in co-creation, not compromise. By bringing stakeholders from each user segment into the design process at structured intervals, we built shared ownership of the solution. Merchants tested buyer flows. Brand partners reviewed merchant onboarding. Cross-pollination produced better outcomes than siloed design ever could.

This project — executed through my consultancy Article8 — reinforced the Deep Dive Design principle that the best multi-audience products emerge when you design with each audience, not just for them.

Ishdeep.
Staff Product Manager UX · 18+ Years in Design & Product