BharatPe One, an All-in-One Payment Device Launched by BharatPe

BharatPe has unveiled an all-in-one payment device, and has named it "BharatPe One". BharatPe One is a product that combines POS, OR code, and speaker-like functionalities in one single device. These binning features make this product a versatile payment solution for retailers and businesses. 

With its ongoing efforts, BharatPe aims to target three verticals of the industry that includes Resilient Innovations Private Limited, Resilient Payments Private Limited, and Resilient Digi Services Private Limited. Since its inception in 2018, BharatPe has been growing rapidly and has raised a total of $802.25 million in funding with investors including InnoVen Capital, MAS Finacial Services, Northern Arc, 360 ONE, Insight Partners, and others.

The company's offering of interoperable QR-based payment systems and credits has been catering to the needs of millions of offline retailers and businesses. And, with BharatPe's latest product, 'BharatPe One' the company has showcased its commitment to drive financial inclusivity across the country in terms of digital payments.

In recent developments, the company has also appointed Rohan Khara, as its Chief Product Officer who will be leading product development and innovation, designing of merchants and consumer products, and user research teams across the BharatPe Group of companies.

BharatPe One as Compared to Other Payment Devices

BharatPe One is an all-in-one payment device with features like POS, QR code scanner, and speaker integrated into it. The device also offers dynamic and static QR codes, tap-and-pay, and traditional card payment options as well for debit and credit card users. And, as it's an Android-powered device it is equipped with an HD touchscreen display and can be used with 4G and Wi-Fi connections.

As compared to other payment devices, BharatPe One stands out for its comprehensive functionality and versatility. While the other devices are focused on specific features such as QR scanning or POS transactions, BharatPe has combined multiple functionalities into one cost-effective device. Now, this device streamlines the transaction process for merchants by offering versatile payment acceptance options.