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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 …
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…
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…
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…
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…
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…
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…
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
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
$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
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…
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…
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
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…
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…
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
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
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…
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
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…