- A smart, mobile-first POS and retail management solution
- Targets 100,000 SME retailers across the country initially
CrossBorder Payments (Pvt) Ltd which operates under the brand name Marx will be rolling out shortly its campaign for Marx Retail an all-in-one mobile application that turns a smartphone into a full-functioning retail command centre.
The smart, mobile-first POS (Point of Sale) and retail management solution tailored for Sri Lankan businesses is aimed at transforming the way retail outlets function.
“We are excited about our product which will revolutionise the retail business landscape in Sri Lanka with a professional POS system,” CEO of Marx CrossBorder Payments, Rohitha Perera said. Marx targets around 100,000 SME retailers of the nearly 400,000 retailers across the country to be users of Marx Retail during the first six months of the promotional campaign.
In a landscape where small and medium-sized enterprises form the backbone of the economy, one common dream unites many micro business owners: to someday run their own fully-fledged supermarket or retail outlet with a professional POS system. But that dream often meets harsh realities such a high setup costs, banking requirements to obtain POS machines, and the need for multiple devices and software solutions.
“This is the very gap that Marx set out to bridge — by building Marx Retail, a smart, mobile-first POS and retail management solution tailored for Sri Lankan businesses,” Perera said.
Designed for flexibility, affordability, and ease of use, Marx Retail enables businesses to ring up sales like a traditional cash register, track and manage inventory in real-time, monitor employee use and shift changes, receive alerts when stock is running low and access reports, customer data, and store performance anywhere, anytime which could be done without the need for bulky hardware, expensive software licenses, or complex setups.
Unlike conventional POS systems, Marx Retail doesn’t need a physical terminal or third-party hardware. All you need is a mobile phone. This innovation not only cuts costs but also makes digital retailing accessible to every entrepreneur whether you’re selling from a roadside stall, small grocery shop, or a growing boutique.
The differentiators:
• Mobile-first design – Your phone becomes your cash register, dashboard, and back office
• No expensive upfront fees or complex installations
• Direct card acceptance without needing to meet high bank thresholds
• Real-time inventory alerts to avoid lost sales
• Role-based employee tracking during shift changes
• Cloud-based reporting and data backup
From a vegetable vendor in Galle to a clothing boutique in Jaffna, Marx Retail is redefining what’s possible and all you need is the device already in hand.
Marx CrossBorder Payments celebrated a path of creativity, resiliency, and revolutionary influence crossing its fifth year of existence in Sri Lanka.
Reflecting on this milestone, CEO of Marx CrossBorder Payments, Rohitha Perera said, “Digital transformation is no longer a luxury; it is a necessity. While Sri Lanka stays mainly cash-driven, the worldwide economy is moving swiftly towards digital transactions.
“Marx CrossBorder Payments is dedicated to closing this gap by offering creative, easily accessible, and inclusive payment solutions. Our all-in-one point-of-sale system will revolutionise trading and commerce will be done in Sri Lanka and making sure that SMEs, the foundation of our economy, have the resources they need to prosper in a world that prioritises digital transactions,” he said.