Innoviti Introduces New Saadhan POS for B2B Businesses


Innoviti Introduces New Saadhan POS for B2B Businesses

Innoviti Payment Solutions, a payment solution provider launches its new Saadhan POS solution which is specially designed to offer a quick and convenient packaged option to B2B businesses. This POS solution has been introduced to bide to the recently announced regulatory requirements that mandates the provision to accept UPI and RuPay modes at all businesses with the annual turnover exceeding 50 crore.

"Consistent innovation to meet rapidly evolving business needs of our merchant partners is at the very core of Innoviti's DNA. The recent regulatory changes making UPI and RuPay Debit acceptance mandatory for specified businesses has created a need amongst our partners for a simple one-stop solution that can be enabled quickly to meet regulatory deadlines. The new Saadhan POS is carefully designed to meet those expectations and we are delighted with the response it is getting from our retailer partners," says Amrita Malik, Chief Business Officer, Innoviti,  

The new Saadhan POS can accept both RuPay Debit Cards as well as UPI-QR transactions; this facility would enable B2B businesses to accept payments easily from their business customers. No charges is applicable for RuPay debit cards and UPI transactions on Saadhan POS. Alongside, POS would also support Visa and Master issued credit and debit cards. This POS would accept all forms of payments on a single unified device.  Thes device is pre-packaged with all necessary back-end transaction acquiring arrangements with acquiring banks, and enables the POS to be activated for the merchant within 15 minutes. This is in contract to the existing industry norms of about one to two weeks.

Furthermore, POS also complements mobile phone-based Tracking App that enables the merchants to track their transactions processing and settlement on a real-time basis for both RuPay and UPI transactions.