Paytm launches All-in-One Android POS for merchant partners and SMEs.

Date:05/Feb/2020
Paytm on Tuesday announced the launch of the All-in-One Android POS device for merchant partners and Paytm Business Solutions.The company is aiming to simplify and load payments for both B2C and B2B players who make regular payments to a large number of vendors,  food allowance and salaries to employees,  instant rewards or refunds to their customers and even other expenses like utility bills for multiple offices.Paytm launches All-in-One Android POS for merchant partners and  SMEs.

It will help merchants to accept payments through Paytm Wallet, all UPI based apps,  cash, and debit & credit cards. Besides accepting payments, merchants will be able to generate GST compliant bills and manage all transactions and settlements through their 'Paytm for Business' app at one click.In a statement, Vijay Shekhar Sharma, Founder & CEO of Paytm said, That over the past 18 months, they have invested a lot of time in understanding the needs of small businesses around digital payments. This device offers a comprehensive business tool right on the desk of millions of small businesses.
 
It also announced the launch of two innovative business solutions for SMEs that will help them digitize and streamline their business processes. All-in-One PG will empower SMEs to collect digital payments across all payment methods without the need for any app or website.

This device enables startups to collect user payments on their apps.Paytm has over 200 million bank accounts and saved cards   in its depository and this feature enables partner apps the ability to drive faster conversions and reduce transaction times while making payments on All-in-One PG.