India’s one of the popular financial services platform Paytm has launched the country’s first pocket Android POS Device for contactless ordering & payments. The POS device is integrated with the Paytm for Business app to generate GST compliant bills and also to manage all transactions & settlements. Additionally, the app also helps merchants to avail of various business services such as loans, insurance, and Business Khata to manage digital ledger of all their transactions including udhaar, cash, and card sales.
It has a merchandise store on the app offering Paytm All-in-One QR integrated utility items such as soundbox, calculator, power bank, clock, pen stands, and radio. According to Paytm, this is the first such Android-based device to be introduced in India and is much more powerful than the portable Linux based POS devices presently available in the country.
The POS device sports a 4.5-inch touch display and weighs about 163 grams. It has a thickness of 12mm and comes bundled with a powerful processor, all-day battery life, and an inbuilt camera to scan QR codes and instantly process payment. The device also comes preloaded with cloud-based software for billing, payments, and customer management. It works with 4G sim cards, Wi-Fi, and supports Bluetooth. The Paytm All-in-One Portable Android Smart POS comes at an introductory price of ₹499 per month rental.
Commenting on the launch Renu Satti, Sr. Vice President at Paytm said, “We innovate products & services that are aligned with our mission of enabling SMEs with technology-led solutions. We are confident that this affordable pocket-sized Paytm Android POS device will enable everyone from SMEs to deliver personnel of Kirana Stores to collect payments safely. Our Paytm for Business app, Khata, and payout services are providing the much-needed digitization support to businesses to improve their efficiency & supporting them to join the Digital India mission.”