“The Paytm All-in-One Android POS device allows merchants to accept payments through Paytm Wallet, all UPI-based apps, Debit/Credit cards and cash”
Paytm has launched its new All-in-One Android POS device for merchant partners across India. This can be used to accept payments through Paytm wallet, all UPI based apps, debit and credit cards and cash as well. Merchants can also generate GST compliant bills and manage all transactions and settlements through the ‘Paytm for Business’ app. It even has a full-sized display and is pre-bundled with cloud-software for billing, payments and customer management. The Android POS device can also print bills and scan items for faster checkout.
Furthermore, the Paytm All-in-One Android POS device connects to Wi-Fi and has a slot for SIM card for continuous connectivity. The device can generate and maintain separate bills for every table in the outlet. It is equipped with TicketNew and Insider.in and they can issue tickets directly. Paytm is planning on including more industries going forward and claims to have done quite a few successful pilots in different spaces including bus ticketing service, parking management, BFSI, logistics, and home delivery. IRCTC is also said to be using the Paytm All-in-One Android POS to bill food items sold inside trains.
Separately, Paytm has also introduced its ‘All-in-One PG’ and ‘Paytm Business Solutions’ to further enhance accepting payments and making payments. The former empowers SME’s to collect digital payments across all payment methods without needing any website or app. SMEs can create and share payments links and invoices. It can collect user payments across all payment methods on their apps. Paytm Business Payments’ now offers automated vendor payments, employee salaries, and customer refunds.
Vijay Shekhar Sharma, Founder and 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.”