Hyderabad: On a mission to equip SMEs with technology-led solutions, India’s homegrown financial services platform Paytm has launched the country’s first pocket Android POS device for contactless ordering & payments. The company has introduced ‘Paytm All-in-One Portable Android Smart POSP’ at an introductory price of Rs 499 per month rental. Styled like a mobile phone for accepting orders and payments on the go, 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.
It also comes bundled with Paytm’s ‘Scan to Order’ service that is fast getting adopted by thousands of restaurants and takeaway joints the country. Paytm is offering this high-end POS device effectively at the lowest price in the market, in an effort to empower a large number of SMEs to kickstart their businesses with contactless ordering and payment solutions. This device enables delivery personnel logistic players, Kirana stores, and small shopkeepers to accept digital payments on the go.
The robust, featherweight & ergonomic device weighs only 163 grams, 12mm thick, and has a 4.5-inch touch screen. It comes bundled with a powerful processor, all-day battery life, and an inbuilt camera to scan QR codes and instantly process payment. This fully-loaded device has many industry-first features & services including cloud-based software for billing, payments, and customer management. It works with 4G sim cards, Wi-Fi and has Bluetooth connectivity to ensure payments never fail and stays round the clock connected with all of Paytm’s bouquet of services. The company aims to issue over 2 lakh devices within the next few months which will generate over 20 million transactions per month.
