The PoS by Paytm has been given a cool mobile-like structure and design. Paytm claims that this new device is much more powerful than the Linux based devices which are being used now.

The firm says its PoS machine comes bundled with Paytm’s ‘Scan to Order’ service, which is slowly said to be gaining traction in places like restaurants and takeaway joints.

This device is enabled with integrated billing software, camera for QR scanning, and supports 4G SIM cards Wi-Fi and Bluetooth connectivity.

Talking about its size and weight, it weighs 163 grams. The device is 12mm thick and has a 4.5-inch touch screen.

The smart POS device is integrated with the ‘Paytm for Business’ app to generate GST compliant bills and also to manage all transactions and settlements, said the company.

Renu Satti, Sr. Vice President at Paytm said “We innovate products & services that are aligned with our mission of enabling SMEs with technology-led solutions. We are confident that this affordable pocket-sized Paytm Android POS device will enable everyone from SMEs to deliver personnel of Kirana Stores to collect payments safely. It is our endeavor to help merchants & traders to easily digitize their business operations, without any investment in technology or backend infrastructure. Our Paytm for Business app, Khata, and payout services are providing the much-needed digitization support to businesses to improve their efficiency & supporting them to join the Digital India mission,”

Paytm is aiming to invest Rs 100 crore on the distribution and marketing of these devices in the financial year 2021. Paytm said it will issue over two lakh devices within the next few months. These devices will generate over 20 million transactions per month.

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