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SBI Rolls Out Unified Payment Terminal MOPAD
August 11, 2018
This Wednesday, Public Sector State Bank of India (SBI) launched a new payment machine called MOPAD which eliminates the need for the merchants to keep multiple systems for multiple payment methods including cards and QR codes.
The Multi-Option Payment Acceptance Device (MOPAD) is a Point of Sale (PoS) terminal that not only accepts the credit and debit cards but also Bharat QR, UPI, and SBI Buddy wallet each of which generally require different systems for the processing of payments.
Photo credit: DeclanTM on Visual hunt / CC BY
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