The first integrated payment gadget in India was released
Tuesday saw the unveiling of India’s first all-in-one payment product by fintech startup BharatPe, which combines a speaker, QR code reader, and point of sale into a single gadget.
The device, known as BharatPe One, is designed to make transactions easier for retailers by providing a variety of payment acceptance choices, such as tap-and-pay, standard card payment methods, and dynamic and static QR codes.
The product will first be introduced in more than 100 cities, and over the next six months, the business intends to expand its reach to over 450 cities.
The gadget, according to the business, provides a seamless and trouble-free experience for both merchants and consumers.
It runs the most recent version of the Android operating system and has a high-definition touchscreen display, 4G and Wi-Fi connections, and other features. According to the manufacturer, it offers enhanced security and performance.
“We believe that this will be another game changer for the digital payments ecosystem, further solidifying our position as a trailblazer in the fintech industry,” stated Rijish Raghavan, Chief Business Officer – PoS Solutions, BharatPe. “We have received an overwhelming response from our merchants in the pilot phase.”
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