SMEs empowered with ComBank-CBA’s PAX E700 all-in-one Smart POS

As part of the bank’s commitment to empower the small and medium enterprise (SME) sector by enabling businesses to offer their customers a superior payment experience, PAX E700, a versatile new Android-powered smart electronic POS device has been introduced in Sri Lanka by Commercial Bank of Ceylon in partnership with Ceylon Business Appliances (CBA).

Designed to empower SMEs by streamlining daily operations, digitising transactions and enhance the customer checkout experience, this smart POS seamlessly merges the reliability of a traditional cash register with the innovation of an advanced payment terminal, all within an Android-based platform. 

It provides a user-friendly interface for seamless transaction processing, enhanced security features and reliable connectivity to ensure uninterrupted sales operations. The device also supports detailed billing, efficient inventory management and swift payment acceptance.

The compact design of the PAX E700 smart POS allows it to fit seamlessly on any counter, while its versatile connectivity options of Wi-Fi, 4G and LAN ensure reliable transaction processing. Supporting multiple payment methods such as Visa, MasterCard, UnionPay and LankaPay JCB, the device also incorporates advanced security protocols for safe and efficient transactions.

Commercial Bank Deputy General Manager Personal Banking S. Ganeshan said, “By introducing the PAX E700 smart POS, we are providing this segment a cutting-edge digital tool that can play a pivotal role in helping businesses grow and thrive in today’s digital marketplace.”

CBA Chief Executive Officer Ruwath Fernando remarked, “Our partnership with Commercial Bank to introduce the PAX E700 smart POS represents another step forward in expanding our range of payment acceptance devices.”