India’s largest payments platform Paytm (owned by One97 Communications Limited) today announced the launch of All-in-One Android POS device for merchant partners across the country. This device helps merchants to accept payments through Paytm Wallet, all UPI based apps, Debit & Credit Cards and most importantly – Cash. Besides accepting payments, merchants will also be able to generate GST compliant bills and manage all transactions and settlements through their ‘Paytm for Business’ app at one go.
Paytm All-in-One Android POS is a fully-loaded payment acceptance device with many industry-first features & services. The android based device comes with a full-size display and is pre-bundled with cloud-based software for billing, payments, and customer management. The device can be used to accept payments, print bills and scan items for faster checkout at the counter. The device works on Wi-Fi and also comes with a pre-installed sim card ensuring round the clock connectivity with all of Paytm’s bouquet of services.
Vijay Shekhar Sharma, Founder & CEO of Paytm said, “Over the past 18 months, we have invested a lot of time in understanding the needs of small businesses around digital payments. Today, we are launching this incredible Paytm All-in-One POS device with a super sleek android form factor with cloud services. This device offers a comprehensive business tool right on the desk of millions of small businesses. We strongly believe that offerings like these will help expand the market and drive further acceptance of digital payments, and at the same time enable our merchant partners to operate their business more efficiently.”
Nandan Nilekani, Co-founder and Chairman, Infosys and founding Chairman UIDAI said, “What Paytm is doing is exactly what we envisioned which is democratizing payments. And nobody has done a better job than them. Paytm is a pioneer and I am grateful for their contribution. I think Paytm All-in-One Android POS is a very important device. We do have multiple options and this device brings all together. If small merchants across the country can accept digital payments, that’s should be the future. I am glad that Paytm is doing this.”
