Paytm launches All-in-One Android POS for small businesses and merchant partners

Paytm All-in-One Android POS accepts payment through all methods – Cards, Paytm Wallet, All UPI apps, and even cash also has an All-in-one QR code that supports contacts and contactless payments. This device comes with integrated billing software and customised solutions for various industry sectors such as ticketing, catering to parking among others. This device also features an in built printer, scanner and generates bills.

Paytm launched an  All-in-One Android POS device for merchant partners across the country on 4th February, 2020. The device will help merchants accept payments through Paytm Wallet, all UPI based apps, debit &credit cards and most importantly cash. Besides accepting payments, merchants will also be able to generate GST compliant bills and manage all transactions and settlements through their ‘Paytm for Business’ app at one go. It also has an All-in-one QR code that supports both contact and contact-less payments.

Vijay Shekhar Sharma, Founder & CTO of Paytm said that “Over the past 18 months, a lot of time has been invested in studying and understanding the needs of small businesses around digital payments”. He strongly believes that these types of devices will help expand the market and drive further acceptance of digital payments. It will also help Paytm’s merchant partners to operate their business smoothly and more effectively.

The Android POS has many industry-first features & services. It has a full-size display and is pre-bundled with cloud-based software for billing, payments, and customer management. It works on Wi-Fi and also comes with a pre-installed SIM card that ensures round the clock connectivity with all of Paytm’s bouquet of services.

The device, which has an in-built printer and scanner comes with an integrated billing software and can be customized for various industry sectors. These will help SMEs to automate their business processes and be more efficient. For instance, its ‘Restaurant Management’ can accept orders of individual tables and directly relay them to the kitchen. The machine is equipped to generate and maintain separate bills for every table in the outlet.

Similarly, it is bundled with Ticket New and, two of the biggest ticketing and events platforms in the country. Event organizers, as well as movie halls, can directly issue tickets with the machine and accept payments.

Paytm has already done a series of successful pilots in different spaces including bus ticketing service, parking management, BFSI, logistics, and home delivery. One of Paytm’s most valuable partner – IRCTC is using the device to bill food items sold inside trains. It helps in keeping track of sales and is turning out to be a strong tool for inventory management.