ePOS sees a surge in demand among merchants associated with essential services : Pine Labs app
By MYBRANDBOOK
Pine Labs, one of Asia’s leading merchant commerce platforms, today announced that it has published the ePOS by Pine Labs app on Google Play Store. The soft launch of the app on the third day of the 21-day national lockdown through an APK file download saw over 4500 downloads. The surge in demand for this app was largely because it enabled contactless payment methods such as credit cards, debit cards, UPI and mobile wallets.
The digital payments landscape has undergone a drastic transformation during the past few years. ePOS by Pine Labs is an innovative product offering which has the potential to accelerate the adoption of digital payments in India.
Commenting on the milestone, Kush Mehra, Chief Business Officer at Pine Labs said, “There was a void in the digital payment ecosystem, something that was felt more during the ongoing national lockdown. We have many merchants in our network of over 150,000 merchants who are doing the country a great service by maintaining essential services such as grocers and pharmacists. ePOS by Pine Labs app was launched with the idea of helping these merchants accept contactless modes of payments. It was imperative for us that these merchants had the right digital means for enabling contactless transactions. This is where ePOS by Pine Labs was the right product considering the current scenario as it helped ensure business continuity for small and micro merchants. Considering the huge surge in demand, we have now launched this app on Google Play store and the app has already clocked an additional over 500 installs in just one day of the launch.”
The ePoS by Pine Labs app is currently available for Android users. Once downloaded, a merchant can register himself in five easy steps. For card payments, they can simply generate a link and it is sent to the customer via SMS through the app. The customer can then click on the link and securely complete the transaction at ease from the comfort of home.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
Icons Of India : MADHABI PURI BUCH
Madhabi Puri Buch is the first-female chairperson of India’s markets...
Icons Of India : Dr. Sanjay Bahl
Dr. Sanjay Bahl has around four decades of experience in the ICT indus...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
PFC - Power Finance Corporation Ltd
PFC is a leading financial institution in India specializing in power ...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...