Pine Labs unveils Mini, a QR-first device with card acceptance for SMEs

By Gloria Mathias

Pine Labs, a merchant commerce omnichannel platform has announced the launch of Mini, a QR and Card acceptance device. The Pine Labs Mini is claimed to be an ideal solution for SMEs.

The device is expected to be available at nearly one-third of the cost of a regular Point of Sale (PoS) terminal. The majority of the PoS devices in India are tailored for debit/credit card customers.

Hence, Pine Labs is introducing in India a QR-first and card-tap contactless payments device targeted at SMEs. This price-friendly product is expected to further boost digital payments adoption in India.

Commenting on the launch, Navnit Nakra, CRO, of Pine Labs, said, “QR-based and card tap payments are a perfect solution for Indian consumers on the go. On the merchant side, an absolute must is a fast checkout experience and the elimination of the cost barrier in point-of-sale digitisation. Addressing these needs, we are delighted to launch a QR-first, card-accepting, cost-effective PoS solution called Pine Labs Mini.”

The platform has been at the forefront of the ongoing digital payments revolution in India offering merchants innovative payment solutions for their omnichannel needs. As a tech-first organisation, it continues to innovate to solve merchant pain points.

Pine Labs is operating across India and Southeast Asia. Pine Labs’ tech-first approach to digital payments and focus on simplification at the front end aims to help many businesses embrace fintech products at scale.

In digital payments, its online payments cloud-based software Plural represents a one-stop payment destination across channels. Plural is designed to deliver secure and frictionless online payment experiences to the end user, powered by an advanced tech stack that can augment an existing online business or build an all-new e-commerce payment setup from the ground up.