The All-in-One Android POS will help merchants to accept payments through Paytm Wallet, all UPI based apps, debit & credit cards and 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.
The company has also announced the launch of two business solutions for SMEs that will help them digitize their business processes. All-in-One PG will enable SMEs to collect digital payments across all payment methods without the need of any website or app.
Paytm Business Payments enables both large and small businesses to track and pay all their payments from one place. With this, the company is aiming to streamline payments for both B2B and B2C players who make regular payments to a large number of vendors, salaries and food allowance to employees, rewards or instant refunds to their customers and even other expenses like utility bills for multiple offices.
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