Paytm has launched a new Android based All-in-one POS device that will help merchants accept payment through a variety of methods. The machine can accept Paytm Wallet, all UPI based apps, Debit & Credit Cards, Cash and is loaded with billing, payments, and customer management software.
The device has a full-size display and is filled with robust features that are designed to improve the productivity for businesses. Merchants will not only be able to accept payments with the device, but it can also generate GST compliant bills and synchronise transactions and settlements through the ‘Paytm for Business’ app.
Other inbuilt industry specific solutions include Restaurant Management, TicketNew, Insider.in and more. Restaurant Management help accept orders of individual tables and directly relay them to the kitchen while TicketNew and Insider.in help event organizers and movie halls to directly issue tickets with the device. The device has already conducted several pilots with partners like IRCTC who have used the device bill food items sold inside trains.
Commenting on the launch of the all-in-one POS device, Vijay, 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.