In a bid to empower the Small and Medium enterprises present in our country with technology driven digital payment solution, PayTm today has launched India’s first Android based Point of Sale (POS) device. We call it India’s first because, currently the POS device you see in the market are Linux based and for the very first time India has got its Android Based POS device. PayTm provides this Android based POS device at an introductory price of Rs. 499 per month.
What are all the Task this device can perform?
This brand-new POS device can perform a variety of tasks that I have listed below.
- The device accepts payments from different modes like PayTm Wallet, UPI based Apps, Debit & Credit Cards, and Cash too.
- Beside accepting payments, the device also generates GST compatible bills.
- It manages all the transactions and settlements through the Paytm for Business app which is one of most popular merchant apps on Google and Apple app store.
Device Specification
This brand-new pocket-sized 12mm thick device weighs 163 grams and has a 4.5 Inch Full Size Touch Screen display.
Beside that, it has an Inbuilt Camera to easily scan the QR codes.
It works with 4G SIM Cards (that comes pre-installed in it), WIFI and Bluetooth.
The device holds industry first features like Cloud based billing software, Customer and Payment Management system.
The device has a powerful processor and can easily survive for a day once fully charged.
It’s Usage in Different Sectors
In a blog post, PayTm said, they have successfully piloted this device in different sectors. Below is the list of all those sectors.
- Bus Ticketing Service
- Parking Management
- BFSI
- Logistics
- Home Delivery
PayTm also revealed there most valuable partner “IRCTC” is using this device to bill for food items they sold inside trains.
So, these are all the sectors in which this device has successfully been tested, however, its usage may become broader in coming days, who knows?
