To enhance acceptance and penetration of digital payments in India, Mastercard and Mosambee, a payment solution company today launched \u2018SamosaPoS\u2019, an Android based multi-utility point of sale (PoS) machine. This partnership is in line with Mastercard\u2019s vision of creating a \u2018World Beyond Cash\u2019 and will unlock a huge potential for digital payments amongst small merchants. It will also empower these merchants to easily carry out and track sales, and attract more customers.<\/p>\n
\u2018SamosaPoS\u2019 is a calculator shaped multipurpose device developed and sold by Mosambee, which can be used by merchants for bill calculation, payment acceptance and receivables recording. This low cost PoS comes with multiple applications such as inventory stock, calculator and accepts credit cards, debit cards, BharatQR, e-wallets etc. all with a single click. Combining all types of digital payments, sales records, calculation and\u00a0khata<\/em>\u00a0entries in a single unit, \u2018SamosaPoS\u2019 de-clutters the merchant counter with a single all-purpose merchant tool. \u2018SamosaPoS\u2019 is available at a special price for merchants using Mastercard SME debit and credit cards.<\/p>\n Commenting on the new product,\u00a0<\/em>Sameer Chugh, Co-founder, Mosambee,<\/em>\u00a0<\/em>said, \u201c<\/em>At Mosambee, we have always focused on innovation by building easy to understand and use solutions. We leverage and celebrate \u2018simplicity\u2019. Even our name is easy to remember. \u2018SamosaPoS\u2019 is another example of Mosambee\u2019s attempt to bring a disruptive solution that is familiar in every way, but is packed with a set of unmatched features. We are proud and excited to announce our strategic partnership with Mastercard to jointly promote this solution across various geographies.\u201d<\/em><\/p>\n Rajeev Kumar, senior vice president, Market Development, South Asia, Mastercard\u00a0said, \u201cThrough this partnership with Mosambee, Mastercard\u2019s aim is to reach out to small, micro merchants,\u00a0kirana<\/em>\u00a0stores and create a behavioral shift towards accepting digital payments.\u00a0 Mastercard believes that \u2018Samosa PoS\u2019 will prove to be the simplest and most cost effective solution for merchants and help in driving last mile connectivity. With such partnerships, Mastercard is confident that India will become the largest payment acceptance market by 2020.<\/em>\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" To enhance acceptance and penetration of digital payments in India, Mastercard and Mosambee, a payment solution company today launched \u2018SamosaPoS\u2019, an Android based multi-utility point of sale (PoS) machine. This partnership is in line with Mastercard\u2019s vision of creating a \u2018World Beyond Cash\u2019 and will unlock a huge potential for digital payments amongst small merchants. […]<\/p>\n","protected":false},"author":3,"featured_media":3494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[3190,200],"class_list":["post-3493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-inc","tag-samosapos","tag-digital-payments"],"aioseo_notices":[],"yoast_head":"\n