Mercado Pago Launches POS Terminal for SMEs

LatamList — Mercado Pago, the largest online payments service in Latin America, launched “Point Plus”, a new POS terminal specifically for small businesses.

“Point Plus” has all the features of the previous terminal “Points”, except that it doesn’t require a smartphone to operate. The terminal is completely autonomous.

The terminal accepts all credit and debit cards, prints receipts, and uses QR Codes to complete payments. The new model includes a 3G data plan and will initially cost around $46 (ARS$3,299).

Furthermore, vendors who use the terminal for more than three months are then eligible for a loan.

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