Paytm launches new IoT-based payment device, smart POS
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IANS
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Published on
Tue, Mar 9 2021 16:27 IST
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Paytm launches new IoT-based payment device, smart POS. Image Source: IANS News
New Delhi, March 9 : India's homegrown digital financial services platform Paytm on Tuesday introduced a "Smart POS" (point-of-sale) application for Android phones as well as its latest Internet of Things (IoT)-based payment device, Soundbox 2.0.
The Paytm Smart POS is designed to empower merchants to accept card payments through their smartphones as this application transforms a smartphone into a device that accepts debit and credit card payments just like a normal EDC (electronic data capture) machine.