An Android POS machine is a smart payment device that runs on the Android operating system. It combines the features of a traditional Point of Sale (PoS) machine with the flexibility and functionality of a smartphone. With an Innoviti unipaynext Android POS machine, businesses can not only accept payments through cards, UPI, EMI but also manage inventory, track sales, and generate reports. These devices are very user-friendly, and allow for seamless integration with other business tools, making them a powerful tool for modern businesses.

MDR stands for Merchant Discount Rate, which is the fee a merchant pays to a bank or payment service provider each time a customer makes a payment using a debit card, credit card, or other payment methods. This fee typically covers transaction processing costs and is a percentage of the total transaction amount.

Integrated payments refer to a system where the payment process is directly linked with business tools like billing, accounting, and inventory software. With Innoviti’s POS machine, you can accept a wide range of payments including cards, UPI, EMI, and Sodexo, all through a single device. It integrates with over 450 billing apps within just 2 days, offering you complete control over payment reconciliation. You can connect via cloud, Bluetooth, WiFi, or wired connections, improving cash flow and reducing the risk of fraud, making business operations more efficient and secure.

When a POS machine shuts down during settlement, Innoviti's POS system ensures that the transaction process remains unaffected. Thanks to its automatic settlement engine, even if the machine shuts down or experiences a power failure, the system still processes the settlement across all stores without requiring manual intervention. The funds are transferred to your bank account by the next day, and you avoid late settlement fees, ensuring smooth cash flow despite any technical interruptions.

Yes, you can change the acquirer on the same card swipe machine. Innoviti's POS machine allows you to switch acquirers without replacing the machine, providing flexibility to route different payment types (credit or debit) to different banks while ensuring you get the best rates for each transaction.

A dynamic QR code enables businesses to accept contactless and error-free in-store payments through any UPI app. Unlike static QR codes, where customers manually enter the payment amount, dynamic QR codes allow the business to set the exact amount to be paid. The dynamic QR code is generated from the billing system for a specific order, including details like Order ID and Order Amount. Customers can scan the code to make a payment, and the business can track the payment status using the Order ID to complete the transaction.

Reconciliation is the process of comparing a business's internal financial records, such as sales or transaction data, with external records from banks or payment processors to ensure they match. This process ensures that all payments are accurately recorded, fees or charges are accounted for, and any discrepancies, errors, or fraud are quickly identified and resolved. Reconciliation is essential for maintaining accurate financial data.

To improve your in-store promotions using Innoviti's POS features, consider these strategies:

1. Personalized Offers: Leverage Innoviti’s Sparcs dashboard to track customer spending patterns and create tailored promotions based on popular payment methods like cards, UPI, or EMI options.
2. Cross-Promotions with Bank Offers: Use Innoviti’s co-funded bank offers feature to create joint promotions with banks, providing additional discounts to customers paying with specific cards, boosting sales.
3. Loyalty and Rewards Programs: Integrate loyalty programs through Innoviti’s POS to reward repeat customers. Innoviti's system helps track purchases and seamlessly apply discounts or cashback.
4. Real-Time Campaign Monitoring: With Innoviti’s real-time data analytics, track the performance of your promotions and adjust them on the go to optimize effectiveness.
5. Peak Time Reliability: Innoviti’s network auto-switching and acquirer fallback systems ensure your promotions run smoothly without any downtime, even during peak business hours.
6. By utilizing these Innoviti features, you can make your in-store promotions more engaging, efficient, and targeted to boost sales and customer satisfaction.

Innoviti unipaynext POS machine come with a pre-installed SIM card, ensuring seamless connectivity right out of the box. Innoviti POS machine support multiple connectivity options, including mobile data, WiFi, and LAN/Ethernet, allowing you to stay connected even during high-traffic periods. Innoviti’s auto-network switching feature ensures the best network connection, while the acquirer fallback system guarantees uninterrupted transactions by switching between up to 3 banks if a server goes down. This makes Innoviti POS machines reliable and efficient for all your payment processing needs.

Any type of store can use a POS machine, including retail shops, supermarkets, restaurants, cafes, salons, pharmacies, and more. POS machines are suitable for any business that needs to accept payments, manage sales, and provide a seamless checkout experience for customers. Whether it's a small local shop or a large chain of stores, a POS machine helps streamline payment processing and sales tracking.