Leading digital cost service Paytm on Monday launched an Android-based, pocked-sized level of sale (POS) system that’s enabled with built-in billing software program, camera for QR scanning and helps 4G SIM cards Wi-Fi and Bluetooth connectivity.
Available for an introductory month-to-month rental of Rs 499, the ‘Paytm All-in-One Portable Android Smart POS’ can settle for orders and funds on the go.
Aiming to spend Rs 100 crore on the distribution and advertising of those units within the monetary yr 2021, Paytm stated it’ll difficulty over two lakh units inside the subsequent few months which are prone to generate over 20 million transactions per thirty days.
“This reasonably priced pocket-sized Android POS system will allow everybody from SMEs (small and medium enterprises) to supply personnel of kirana shops to gather funds safely,” stated Renu Satti, Senior Vice President at Paytm.
According to the corporate, it’s additional highly effective and safe than the transportable Linux-based POS units at present obtainable within the nation.
The POS system comes bundled with Paytm’s ‘Scan to Order’ service.
This is the way it works.
The ergonomic system weighs 163 grams, is 12mm thick and has a 4.5-inch contact display screen.
It comes with a strong processor, all-day battery life, and an inbuilt camera to scan QR codes and immediately course of cost.
The system has a number of industry-first functions like Cloud-based software program for billing, funds, and buyer administration.
It works with 4G SIM cards, Wi-Fi and has Bluetooth connectivity to make sure funds by no means fail and stays around the clock related with all of Paytm’s bouquet of companies.
The good POS system is built-in with the ‘Paytm for Business’ app to generate GST compliant payments and likewise to handle all transactions and settlements, stated the corporate.
The Paytm for Business App has witnessed over 20 million downloads and is likely one of the hottest service provider apps on Google Play Store and App Store.
“Our ‘Paytm for Business’ app, Khata and payout companies are offering the much-needed digitisation help to companies to enhance their effectivity,” Satti stated.
[Attribution Business Standard.]