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2 mins read

BharatPe acquires 51% stake in Mumbai-based NBFC Trillion Loans

BharatPe Group has acquired a controlling stake in Mumbai-based NBFC Trillion Loans, a provider of …

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2 mins read

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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2 mins read

Payments firm Pine Labs raises $600 million as it plans to go public by 2022

Pine Labs has closed a $600 million funding round, as it targets to go for an initial public offeri…

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2 mins read

MSwipe a nine-year old point-of-sale startup reveals that it has broken even while denying a report that it is up for sale

But Mswipe has now denied the report and, in the process, revealed that the firm has already bro…

Business Insider Latest Story Image
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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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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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…

Business Insider Latest Story Image
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…

PTI   


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2 mins read

Government Asks PSU Banks To Issue RuPay Debit Cards To Customers, Install POS Terminals

For the first time in their 30-year existence, Visa and MasterCard, the world's largest payment com…

Economic Times   


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4 mins read

$35 billion fintech Stripe just inked a deal with hospitality PoS-maker Lightspeed - and it's a case study in navigating the tricky world of payments

However, payments related to the sale of CBD, gambling, or adult entertainment, for example, are re…

Shannen Balogh   


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2 mins read

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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2 mins read

Shout out to restaurateurs! Manage food bills, employees, customers on your finger tips

He had invested Rs 20 lakh on his café and was expecting returns up to Rs one lakh every month. But…

Business Insider Latest Story Image
5 mins read

The downfall of US brick-and-mortar commerce is overblown - but merchants need to evaluate their point-of-sale terminals

That means the point-of-sale (POS) terminal, which merchants use to accept payments of all types an…

Jaime Toplin   


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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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6 mins read

9 Tech Makeovers That Can Lure Festive Shoppers Back To Local Stores

With the Festival of Lights just around the corner, most people are out on a shopping spree. But th…

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2 mins read

UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report

This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 …

PTI   


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2 mins read

RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system

The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…

ANI   


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2 mins read

Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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2 mins read

Amid Paytm Payments Bank crisis, Google announces expansion of Soundpods across India

Fintech firm Google Pay Thursday announced the expansion of soundpods for merchants across India to…

PTI   


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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…