POSIBLE.NET launched, an all-in-one digital transaction device for MSMEs

POSIBLE.NET, an all-in-one digital transaction device was launched. It's an Android-based device with Starmobile hardware designed to help MSMEs in their businesses.

The POSIBLE.NET device

Related: POSIBLE.NET Review - E-Load and Payment Center for PHP 35K!

Those MSMEs include possible partner sari-sari stores, laundromats, bakeries, barber shops, and other community-based businesses.

The interface of POSIBLE.NET

The POSIBLE.NET device will give its users an access to a wide range of services like bills payment, select government services, money services, micro-insurance, mobile loading (Smart and Globe), online gaming credits, and ticketing.

Ít also has a programmable POS for your business. You may even transfer PayMaya credits to anyone using the POSIBLE.NET device. Each transaction made will also come with a confirmation receipt.

POSIBLE.NET has also single wallet only for all services.

We are working to make the technology readily available to all barangays and community stores so that they would be able to do digital transactions and spur economic growth,” Puzon said. Our objective is to penetrate more areas, especially those where banks and payment centers are minimal or nonexistent. The platforms we built over the years brought financial technology to many communities, but still, only the big businesses were able to realize the advantages, said Puzon. Our goal is to bring the innovations to the broader base of Filipinos, a type of inclusion wherein every Filipino enjoys the convenience and benefits of emerging technology.

Currently, there are over 1,900 kaposible retailers nationwide. They will also provide training if for those who will purchase the package.

POSIBLE.NET was also recognized as one of the Top 15 ventures in Asia at the DBS-NUS Social Venture Challenge held in Singapore last September 2017, an annual competition to determine the most innovative ideas and enterprises. It was the sole Philippine entry in the Enterprise category.

The POSIBLE.NET package is priced at just PHP 35,000. It'll also come with 1-year warranty and marketing materials like posters and FAQs.