FOR PRESS RELEASE

19th November 2019, Mumbai

India steps up its game with more POS-sibilities in the FinTech Ecosystem with Global Payment Acceptance!

Over the last five years, the Indian FinTech ecosystem has scaled new heights, both in terms of funding received from various avenues and the increasing consumer adoption of FinTech solutions, be it card & digital payments, lending, insurance, wealth management or mobile wallets. What was lacking was its presence in providing robust hardware solutions built with latest technologies & features complying with highest standards, across countries. But this scenario seems to have been turned on its head by a new and innovative product solution from Evolute Group, India. In a market dominated by a handful of countries, we can safely say, India has finally arrived onto the global payment infrastructure landscape.

It is our pleasure to introduce – India’s first Smart Android POS Terminal UNIPOS A5 from Evolute Group, an Omni-channel payment solution, designed and made in India embedded with best of the capabilities of a Smart Phone, an EDC Terminal and a MicroATM, making it a troika experience in a single device.

In a time pressed world of today, simplicity and convenience are the most sought after features of any technology solution and Evolute seems to have achieved just that…to simplify lives of millions of merchants, traders, MSME’S, agents and businesses by solving their day-to-day tasks by digitizing their lives and making their businesses function more efficiently in a smart, simplified and seamless manner. UniPOS A5 is a one-stop-shop enabling the users to converge and manage multiple tasks from a single device with ease and convenience.

Evolute believes that the global mission of financial inclusion can be achieved by empowering the users with smart yet simple technology solutions like the UniPOS A5. Unipos A5 is poised to create huge impact, building newer & innovative use cases using next generation technologies like FinTech, Digital & Deep Tech (AI, RPA, ML, Blockchain, and facial recognition), etc.

UniPOS A5 – An Omni Channel Payment Solution, comes with integrated functionalities of using multiple card, digital and biometric channels which was launched by H. E. Jawed Ashraf, High Commissioner of India to Singapore at the Singapore FinTech Festival, 2019 held between 11th to 15th Nov. His tweet wishing Evolute Group said, “A great product. And a fine example of design, development and Make in India. Wish you all success in the global market.”

UniPOS A5 was appreciated by hundred’s influencers, policy makers, customers, change makers & Mavericks on design, technology and the concept of having an all-in-one solution that can literally function as a ‘Universe within for a Universe beyond” & it can cater to multiple markets like retail, transit, FI-MFI-BFSI , E-Governance…a perfect fit for every application.

Evolute Group Founder & CEO Mr. Parag Mehta said, “With this ingeniously designed POS terminal embedded with smart technology, we feel very proud to make India’s entry in Global Payment Acceptance & Fintech Ecosystem. We are not only committed to bring a paradigm shift in people’s lives by bringing self-reliance but also create a few thousand jobs and simultaneously make India a PROMINENT player globally”.

With the mission statement of ‘Techpowering the World’ Evolute is set out to put the power back in the hands of merchants, traders, agents and consumers by empowering them with latest technologies and giving them a chance at equal opportunities to success & prospeirity, an objective that many countries in the developing nations across the world are trying to attain!

Photo Gallery and Mentions

H. E. Jawed Ashraf – India’s High Commissioner to Singapore (center), launching UniPOS A5 with Mr. Parag Mehta (on his left), Founder & CEO Evolute Group along with the Evolute Technology, Business & Corporate Teams.
Mr. Parag Mehta (extreme right), Founder & CEO Evolute Group showcasing UniPOS A5@ SFF Singapore with Mr. B P Kanungo – Deputy Governor, RBI (center) and Mr. Dhananjay Dixit, AVP Business Development, Evolute Group (extreme left).
Mr. Parag Mehta (center), Founder & CEO Evolute Group showcasing UniPOS A5 at the Singapore Fintech Festival Event with Mr. Rajnish Kumar – Chairman, SBI (extreme left)