Time to explore affordable mPoS solutions for your business

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Time to explore affordable mPoS solutions for your business

Vinisha Kataria : Digital Content Manager at Pine Labs

By Vinisha Kataria | March 17, 2022

Vinisha is the Digital Content Manager at Pine Labs and brings with her, more than 10 years of professional experience.

Read more about author

In 2015, Nandan Nilekani, co-founder of Infosys had prophesized that smartphones were going to be the banks for Indians. Fast forward to recent times and as per an S&P Global report titled '2021 India Mobile Payments Market Report', mobile payments in India are growing faster than card payments.

The burgeoning middle class in India after the onset of the COVID-19 pandemic has taken to mobile payments in a big way. It is here that mobile point of sale or mPoS solutions assumes significant importance. For businesses serving up to the doorstep of the consumer, there is no better affordable solution than a mPoS that is equipped to accept a wide array of digital payment solutions like credit/debit cards, net banking, tap and pay and the ever-popular UPI.

These app-based mPoS solutions have helped merchants digitize the payment experience for their customers. Merchants are proactively adopting these digital payment solutions to make their businesses in tune with the times and jump on the digital payments bandwagon in India.

If you are looking for a simple, safe and cost-effective mobile payment solution that lets you accept payments from just a smartphone, your search ends here! Pine Labs AllTap is a mobile payment app that turns your Android smartphone into a payment acceptance device. This app levels the playing field for 63 million MSMEs in India by empowering them to accept payment anytime and anywhere.

How does an mPoS work?

A smartphone or tablet can start accepting payments through an app. A virtual card reader processes contactless payments via debit/credit card through the app. All you need to do is download the Pine Labs AllTap app on your Android smartphone and you can start accepting more than 100+ modes of digital payments, including digital wallets, QR codes, contactless NFC payments with a simple tap and pay.

Why does your business need mobile PoS solutions?

Choosing the right mobile PoS system can be a game-changer for your business. A low-cost mPoS solution like AllTap can empower your delivery personnel to collect digital payments on your behalf. These solutions also improve customer experience by providing the customers the freedom to pay in the payment mode of their choice. AllTap is a 100% swift digital onboarding experience that will delight you.

Features of Pine Labs mPoS AllTap:

  • A smart payment app to facilitate your on-the-go business. Generate a payment link using the AllTap app from your smartphone and collect payment from customers.
  • Enable Pay Later EMIs for your customers and grow your business like never before - all through the AllTap app on your smartphone!
  • Single-view dashboard to view and monitor all transactions
  • Quick onboarding and minimum documentation
  • No upfront investment is needed
  • No need for additional hardware
  • PCI SSC-CPoC certified 'tap and pay' feature
  • Multiple sub-users can be enabled from within the app

With this all-in-one payment solution like Pine Labs AllTap, you can drive sales and be part of the digital payment ecosystem. If you have any questions, queries or need any help, please call on our AllTap helpline number- 0120-4033603 or email us at contactus.alltap@pinelabs.com

1 https://www.livemint.com/opinion/online-views/digital-payments-growth-india-s-stunning-stride-11642758754561.html

2 https://www.thehindubusinessline.com/money-and-banking/mobile-payments-growing-faster-than-card-payments/article37213615.ece

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