JusTransact Unveils First Online 'Bazaar' for POS Business

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October 5, 2016
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JusTransact Unveils First Online 'Bazaar' for POS Business

CHENNAI, October 5, 2016 /PRNewswire/ --

    After the successful launch of India's first e-commerce portal for Point of Sale (POS)
technology - JusTransact.com, Millennium Group [http://www.millenniumindia.co.in ] today
added yet another 'first' to its credit by launching the country's only online B2B market
place for POS brands and resellers who can come together to do business simultaneously.

    Aimed at cutting the huge supply chain loss incurred by thousands of hardware and
software POS vendors and increase sales volume for brands, the JusTransact Partner Network
also envisages 'empowering' small, medium and large retailers across the nation by
automating their business with affordable, scalable and world-class POS technology.

    Commenting on the launch of JusTransact's Partner Network
(http://partner.justransact.com), Bhaskar Venkatraman, Founder and CEO of
JusTransact.com [http://www.justransact.com ] said: "JusTransact's partner network throws
open a unique opportunity for both POS brands and resellers who can communicate directly
on a single platform, thereby cutting the supply chain losses in terms of time and money.
Resellers can directly get POS products from manufacturers at a much lower price and can
hence, pass on the cost benefit to their customers, who are predominantly small and medium
retail businesses. For brands, they can find all buyers in one place and hence, get great
traction and growth. In short, it is a win-win condition for both brands and vendors."

    For the partner network, JusTransact plays a pivotal role in connecting both POS
brands across India and local vendors who can be either main/region-wise distributors,
vendors, stockist, software service providers, or stores selling POS products to retail
businesses.

    Further listing the advantages of partner portal, Bhaskar, who is also one of the
pioneers in introducing POS technology in India, said: "POS Manufacturers need not have to
look for distributors for their products, but can simply register with us and sell their
products. Their products can be seen only by registered vendors, who can order POS
products with appropriate quantity instantly. To facilitate fast and reliable goods
movement, we offer free logistics services. We pick, pack and ship to the buyer's address
wherever they are."

    To make it attractive, JusTransact has kept registration 'free' for partners and also
introduced JusMoney wallet where points are credited for every purchase which can be
adjusted against the purchase value.

    JusTransact currently deals with over 1000 POS products of more than 40 top brands
including Epson, Honeywell, Toshiba, Posiflex, Godex, TVSE, Opticon, Casio, Bixolon, Zebra
and Essae to name a few.

    Bhaskar expects that more POS brands will make use of Partner Network Zone and offer
their products such as POS terminals [http://www.justransact.com/category/pos-terminals ],
barcode scanners, barcode printers [http://www.justransact.com/category/barcode-printers ],
automatic cash drawers, receipt printers, mobile POS
[http://www.justransact.com/category/mobile-pos ] , hand-held terminals, etc. at
attractive prices to vendors, who otherwise get them from local distributors at much
higher prices. "The partner network will also help to speed up the automation process of
India's retail sector where more than one million traders are still following traditional
transactional practices," he said.

    The JusTransact partner network for POS will also create a level playing field as
every vendor - from main distributors to local stockist - across India will get their
goods at the same price, thereby avoiding unethical business practices, opined Bhaskar.

    About JusTransact.com:
JusTransact.com is an e-commerce venture of Millennium Retech Ventures India Pvt. Ltd
promoted by Millennium Group. JusTransact.com was launched with a sole motive of providing
reliable, affordable and scalable POS solutions to the fast growing retail sector in India,
which is estimated to worth one trillion USD by 2020. POS technology facilitates small,
medium and large businesses automate their activities, enhance customer experience and
also make them competitive with established peers. The portal has made world-class
cutting-edge POS hardware, software and knowledge accessible to retailers. Headquartered
in Chennai and having branches in major cities in India, JusTransact.com offers a one-stop
solution for all kinds of POS needs to both retail and non-retail business applications.

            Media Contact: 
        K Ramanathan 
        ram@justransact.com 
        +91-9384612789 
        Content Head and Media Coordinator 
        JusTransact.com (Millennium Retech Ventures India Pvt Ltd) 

     

JusTransact.com (Millennium Retech Ventures India Pvt Ltd)

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