PhonePe to deploy 1.5 lakh new PoS machines by next year

Mumbai: Walmart-owned PhonePe has introduced its Point-of-sale (POS) device, enabling merchants to accept payments through debit cards, credit cards, and UPI. The company plans to deploy 1.5 lakh machines by next year.

The device, equipped with the PhonePe POS App, supports various transaction methods such as tap, swipe, dip, and interoperable dynamic QR codes, providing merchants with a simple and seamless settlement experience.

Built on the Android platform, the POS device offers convenience to customers at the counter, table, delivery location, or anywhere with cellular coverage. The device prioritizes reliability and security and has a PCI-PTS 6 certification, which safeguards merchant and consumer data.