Fintech platform BharatPe on Tuesday announced the launch of a new offering. BharatPe One is an all-in-one payment product that integrates POS, QR, and speaker into one device.
The company plans to launch the product in 100+ cities in the first phase. It will further scale it to 450+ cities over the next 6 months.
According to the company, the product is designed to streamline transactions for merchants, offering versatile payment acceptance options including dynamic and static QR code, tap-and-pay and traditional card payment options, across a wide range of debit and credit cards.
With real-time transaction updates and instant voice payment confirmation, BharatPe One takes the payment experience at retail outlets to the next level. It offers a smooth and hassle-free experience for both merchants and customers alike, the company said in a statement.
Equipped with a high-definition touchscreen display, 4G and Wi-Fi connectivity, and powered by the latest Android operating system, BharatPe One delivers enhanced performance and security, the statement added.
Nalin Negi, CEO, 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. BharatPe is a merchant-first company and this state-of-the-art device underscores our commitment to be a preferred partner for offline merchants, delivering value and empowering their business growth.”
Rijish Raghavan, CBO, PoS Solutions, BharatPe, added, “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. We have received an overwhelming response from our merchants in the pilot phase and we reckon that this will be another game changer for the digital payments ecosystem, further consolidating our position as a trailblazer in the fintech industry.”
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