Merchant & QR
What is POS Machine?
Point-of-Sale Terminal · पीओएस मशीन
The card-swipe terminal at counters — increasingly redundant next to a zero-fee UPI QR.
POS terminals accept card-present payments, charging MDR of roughly 1–3% plus rental or purchase costs and settlement delays of a day or two. For micro-merchants the math rarely works against a free QR that settles instantly into the bank account.
Modern POS devices increasingly double as UPI+soundbox combos, blurring categories. The decision rule stays constant: if your volume is mostly UPI-paying walk-ins, a printed standee covers 90% of needs at zero cost.
POS Machine: quick answers
Can I refuse cards and take only UPI?
Legal tender rules permit cash refusal nuances aside, most merchants simply prefer UPI economics — displaying both options maximises conversions.
POS settlement time vs UPI?
UPI credits instantly; POS batches settle T+1 typically.
Use it right now