HP Inc. is collaborating with PayPal and a program by HP called Engage One Prime to provide a suite of point-of-sale tools for small- and medium-sized retail and hospitality businesses, according to a company release.

The collaboration will give small businesses a set of hardware, POS software and payment processing to deliver a complete end-to-end solution.

"To effectively compete in today’s market, small and medium-sized retailers and hospitality operators need more than a cash register and a storefront, they want solutions that enable them to improve customer experiences in their retail and hospitality environments,"Aaron Weiss, vice president and general manager, retail solutions at HP Inc. said, in the announcement.

Engage One, an all-in-one solution that includes a 14-inch diagonal touchscreen that can be flipped easily between the merchant and customer, can read magnetic stripe and NFC or scan QR codes. The system is backed by Android 8.1 OS and a Qualcomm APQ8053 processor.

HP said the PayPal solution will include the Engage One Prime terminal, HP retail peripherals, a PayPal payment device that accepts swipe, chip and tap payments and a HP warranty.

The HP Engage One Prime will be available in February.