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A lot of money is flowing into making 'smart' billing machines in India

The Indian government has set ambitious goals for the country to become a cashless economy. And pus…

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1 min read

Paytm is pushing its QR payment method as an alternative to PoS, looks to reach out 1 crore offline sellers

The QR code-based payment is linked to the verification documents and KYC collected for each busine…

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1 min read

Card swiping machines are selling like hot cakes, demand to increase multifold

"We have placed an order for more than 40,000 terminals and will be increasing that number subseque…

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2 mins read

Forget cash/cheques! LIC agents to get PoS machines for premium collection

To begin with, LIC plans to provide PoS machines to about 1.5 lakh agents that would be ramped up i…

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3 mins read

Pine Labs is not worried about Paytm – and aims to double down on PoS transactions in a year

Merchants payments platform Pine Labs, which sells point-of-sale terminals, knows the segment is ge…

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From average 5 lakh to 1.2 million per day, digital transactions have gone up by 25%, thanks to demonetisation

"From month on month, now we are checking weekly growth data which is showing a jump of around 5 pe…

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1 min read

Pine Labs plans to deploy 1.5 lakh Android POS devices by next fiscal

"Merchants across large, medium and small enterprises have chosen Plutus Smart as their preferred m…

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You can withdraw Rs 2,000 cash at Big Bazaar stores from Nov 24

Yes, you can withdraw cash up to Rs 2,000 by using debit cards at all its stores from November 24. …

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Black money can be dealt with by creating a cashless economy, says the Indian government

Not only this, a task force has been set up under the Department of Investment and Public Asset Man…

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In a bid to make India go cashless, BSNL will lease 15,000 PoS

He also said that the telecom corporation intends to have about 20-50 customer service centres in …

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4 mins read

Now RBI Wants Aadhaar Validation For Card-based Transactions

Aadhaar is finally getting its teeth into key financial transactions, going by the central bank’s t…

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1 min read

Paytm rolls back its app-based PoS feature, a day after its launch. Here’s why

The new feature was supposed to eliminate the need for a PoS terminal or a card swipe machine. "Pos…

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1 min read

Indian Govt wants to go cashless but it is attainable within deadline? Find out

"If we have to attain the target, we have to deploy somewhere around 30,000 terminals per week. We …

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1 min read

Swipe machine numbers up by 10 lakh post demonetisation

Demonetisation gives rise to the number of swipe machines in India

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2 mins read

Getting a card swipe machine for small business isn't easy. The terms and conditions of the banks is the proof

Because they don’t qualify to get a POS. To verify the facts we researched a bit and here’s the tru…

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SBI is ensuring you won’t ever bother again about forgetting your debit card in the ATM machine

Now, no more forgetting that debit/credit card at the teller machine or checking twice and thrice b…

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2 mins read

HDFC Bank credit card rules change from today, all you need to know

HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…

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4 mins read

Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain

Technology has transformed every aspect of our lives, and payments are no different. From debit and…

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RBI allows banks to issue RuPay prepaid forex cards

By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…