Sberbank Launches Evotor 5i Smart POS Solution for Small Businesses

Strategic Insights -

Sberbank has partnered with Evotor, a Sberbank ecosystem company, to launch Evotor 5i, a new smart POS model designed for small businesses and microenterprises. This innovative Android solution is tailored for courier services, online stores, shops with home delivery, passenger transportation entities, and itinerant retailers. The Evotor 5i smart POS aims to simplify payment processes for microenterprises, saving them counter space and reducing paperwork.

Key Takeaways:

  • The Evotor 5i smart POS is a compact, lightweight (400 grams) device that accepts all types of payments, including contactless and QR code payments.
  • The device is designed for microenterprises, particularly takeout coffee joints, souvenir and flower shops, and repair shops, which need to save counter space.
  • The Evotor 5i benefits from embedded merchant acquiring module, security (data encryption), and independence (up to 12 hours of battery life on a single charge).
  • The solution offers remote management via a member area, maintenance service, and low rental price (from RUB1,000 a month).
  • The device comes with basic software for teller transactions, inventory control, discounts, staff control, collection of sales statistics, and device management.
  • Businesses can order the Evotor 5i online or through Sberbank's partners, and receive the device within five business days.
  • Dmitry Malykh, Sberbank's Acquiring and Bank Cards Director, highlighted the simplicity and affordability of the Evotor 5i service, which helps companies focus on business development.
  • According to Evotor polls, only 20% of entrepreneurs working offline use online sales and delivery, indicating a significant opportunity for growth.
  • Yuri Yuryev, Evotor's COO, emphasized that the Evotor 5i smart terminal will enable businesses to adapt to changing consumer behavior, reorganize their operations, and create potential for growth.

Statistics:

  • Up to 16 days can be saved by using the Evotor 5i solution, which simplifies the process of partnering with a merchant acquirer and meeting Federal Law FZ-54 formalities.
  • The Evotor 5i device can work for up to 12 hours on a single charge.
  • The rental price of the Evotor 5i starts from RUB1,000 a month.

Sources:

  • Sberbank press release