Paytm has launched India’s 1st Pocket Android POS(Point of Sale) Device, ‘Paytm All-in-One Portable Android Smart POS’ for contactless ordering and payments in India. It is an effort to digitise and empower a large number of Small and Medium Enterprises (SMEs). It is integrated with the ‘Paytm for Business’ app to generate GST compliant bills and to manage all transactions & settlements.
- It comes with an introductory price of Rs 499 per month on a rental basis and is designed like a phone.
- It is much more powerful than the portable Linux based POS devices presently available in the country.
About Paytm All-in-One Portable Android Smart POS
Specifications
i.It weighs 163 grams, is 12 millimeter (mm) thick, and has a 4.5-inch touch screen.
ii.It comes with Paytm’s ‘Scan to Order’ service that is being adopted by thousands of restaurants and takeaway joints in the country.
iii.It consists of a powerful processor, all-day battery life, and an inbuilt camera to scan QR codes and instantly process payment.
iv.It works with 4G SIM cards, Wi-Fi and also has Bluetooth connectivity.
Features
i.It also has cloud-based software for billing, payments, and customer management.
ii.It enables delivery personnel logistic players, Kirana stores, and small shopkeepers to accept digital payments.
Note– Paytm aims to issue over 2 lakh devices within the next few months, this will generate over 20 million transactions per month.
Additional Info
Paytm for Business app- It also help merchants to avail of numerous business services and financial solutions such as loans, insurance
Paytm Business Khata– Merchants can manage digital ledger of all their transactions including udhaar, cash, and card sales.
Recent Related News:
i.HDFC Bank Launches ‘e-Kisaan Dhan’ App for Farmers.
ii.ICICI bank Launched a Facility, ‘Insta Loans against Mutual Funds’, in Partnership with Computer Age Management Services
About Paytm:
Headquarters– Noida, Uttar Pradesh
President– Amit Nayyar
