Friday, September 17, 2021
Home > Finance News > Karnataka Bank launches all-in-one swiping machine for MSME customers

Karnataka Bank launches all-in-one swiping machine for MSME customers


Private sector lender on Wednesday launched WisePOSGo, a point of sales swiping machine that processes business payments, in collaboration with Mswipe Technologies for its merchant customers.

Bank’s MD & CEO Mahabaleshwara MS said the compact, lightweight and user-friendly device will be a game changer and transform the digital payment ecosystem associated with PoS machines. “This device is an all-in-one swiping machine loaded with advanced features. This connected payment solutions device lets the merchants make calls as well as process payments and is designed keeping in mind the specific cost-centric needs of bank’s MSME customers. The device is available at an affordable cost without any monthly rental charges,” he said.

Mswipe Technologies CEO Ketan Patel said the product will simplify the payment processes of the banks’ MSME customers.



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