Digital POS Device Helps Revive Street Vendor Economy

Recently, China has announced a new policy to encourage street vendor economy or called stall economy, and encouraged people to set up open-air stalls or booths as a way to cope with strict unemployment due to business closures and transport disruptions over the last few months.

In fact, street vendor or market is one of the biggest attractions and culture epitome in many countries. Whether Paris's famous flower markets or London Covent Garden or Tokyo Tsukiji, they can not only solve local people's employment but also boost local tourism and recover the economy.

However, under the shock by an unexpected pandemic or increasingly digitized age, hygiene standards, street vendors, and market vitality really come to people. Modern market or street vendor in China can now rely on technology such as Ali-Pay to reduce reliance on cash, leading to greater transparency and increase convenience in the payment and tourism industry.

As Alipay's strategic partner, Telpo has launched a series of digital POS devices to support Alipay's one-stop digital lifestyle platform earlier. Importantly, those digital devices are also suitable to revive street vendor economy and boost tourism as it can realize contactless payment and voice broadcast, enhancing capital security and reduce infection risk, further enhance customer consumption confidence.

There is no doubt that the plug and play POS device is more suitable for street vendors, like Telpo digital QR-code POS devices. It owns a super-large scanning window and supports barcode and QR code decoding. The ergonomic scanning window design creates a more comfortable scanning angle and quicker scanning speed. The voice broadcast after successful payment also ensures secure payment and bring a new contactless payment experience to customers.

If your target customers are foreigners, then a mobile payment terminal with multiple SIM cards would be better. Telpo mobile handheld device TPS320 supports 4SIM cards, which can properly cater to multi-operator countries and solve customers' multi-operation card problems. And the super-agile camera allows it quickly to recognize QR code and achieve contactless payment. Besides, you could choose the machine color based on the characteristic of the vendor or mobile market.

Street vendors come back in China not only to drive the stalled economy but only add some city vitality. During such a cold economy and tourism recovery period, Telpo will continue to make efforts to provide high quality, safe and convenient products, and services, enabling the real economy and help street vendors and small businesses to attract customers and operate efficiently.

Tag: street vendor, market, stall economy, digital POS device, barcode, contactless payment, QR code, Alipay, small business, SMB

Company Introduction: Telpo is solidly located in the smart terminal industry forefront as it sticks to technology-driven and market demand-oriented. With keen market insight, Telpo has developed smart payment, smart community, smart retail, smart restaurant, face recognition temperature measurement, government election, and other scene applications to build a "cloud + terminal" brand and complete solution.