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The COVID-19 pandemic has put the spotlight on contactless modes of payments as both merchants and customers now prefer a contact-free interaction during the transaction process. Merchants are preferring acceptance of digital payments to keep their customers and themselves safe. One of our ePOS by Pine Labs users from a leading beauty and wellness company was quoted in a Business Standard article where he said that over 20 per cent of the transactions done during the lockdown were through Pine Labs' ePOS, our Android app.
The fintech innovations that are happening now are making it easier for small and medium businesses to reap in the benefits of financial technology. One such interesting development is the seamless integration of third-party billing apps with the PoS terminal to expand capabilities.
The third-party billing apps that are available on Plutus Smart are a good example of how retailers can now do more than just accept payments on the PoS device.
Using these billing apps can help them track their inventory and increase sales. Some of the widely used third-party billing apps on Plutus Smart are Vyapar, QueueBuster, Snapbizz, InResto by Dineout, GOFRUGAL, Ginesys, and Perpule.
Let us have a look at how these third-party billing apps can help merchants boost profitability.
These third-party billing apps have been designed keeping in mind the requirements of offline retailers. With smart features like GST billing and inventory management, these apps can help merchant across segments reduce business complexity, mitigate risk to a great degree, and boost profitability.
By Sunil Param | on April 05, 2021
By Vinisha Kataria | on April 01, 2021