Indian fintech firm BharatPe has introduced BharatPe One, an innovative all-in-one payment device that integrates a POS system, QR code scanner, and speaker.
The company said that BharatPe One is India's first such comprehensive payment device, designed to enhance the transaction process for merchants and customers alike.
Features and functionality
BharatPe One boasts a high-definition touchscreen display, 4G and Wi-Fi connectivity, and runs on the latest Android operating system. It offers real-time transaction updates and instant voice payment confirmations, providing a seamless and efficient user experience.
The device supports various payment methods, including dynamic and static QR codes, tap-and-pay, and traditional card payments using a broad spectrum of debit and credit cards.
Designed for merchants
The device is tailored to meet the needs of small and medium-sized businesses across diverse sectors. With its user-friendly interface, portable design, and comprehensive transaction dashboards, BharatPe One caters specifically to offline merchants, aiming to simplify their day-to-day transactions and enhance customer interactions.
BharatPe plans to roll out BharatPe One in over 100 cities initially and aims to expand to around 450 cities within the next six months.
Leadership comments
Commenting on the launch, Nalin Negi, CEO of BharatPe, said, ‘’With BharatPe One, we bring another disruptive product that will transform the digital payments landscape, enhancing efficiency and convenience for millions of offline merchants across the country. By combining multiple functionalities into one cost-effective device, we're providing a comprehensive solution tailored to the varied needs of small and medium businesses across diverse sectors."
Rijish Raghavan, Chief Business Officer of PoS Solutions at BharatPe, also highlighted the device's potential to revolutionize retail payments, noting, "BharatPe One has been designed as ‘the one-stop device’ to offer a unified and seamless payment experience to our merchant partners. I am confident that this device, which is India’s first all-in-one payment device, will help merchants ensure an enhanced customer experience, in turn, ensuring customer delight."