Ecomm, gaming, financial services comprise 80% of online transactions in H2 2023: reportWorldline's report showcased Ecommerce, gaming, utilities, government, and financial services as online transaction leaders. In-store, groc...
03 Apr, 2024, 07.24 PM IST
Leo1 launches numberless prepaid student ID cardLEO1, in partnership with NSDL Payments Bank and Mastercard, has launched India's first prepaid student ID card. The card combines secure a...
19 Feb, 2024, 09.17 PM IST
PhonePe sets foot in Point-of-sale device market to raise heat on rival PaytmPhonePe has launched its Point-of-sale (POS) device to enable Indian merchants to accept payments via debit cards, credit cards and UPI. Th...
06 Jul, 2023, 12.15 PM IST
ICICI Bank makes InstaBIZ interoperable to help merchantsThe initiative leverages upon advanced APIs of the bank that digitally validates PAN/ Aadhaar number which is required for verification of ...
10 Feb, 2022, 10.18 AM IST
ICICI Bank launches contactless banking platform for merchantsIt aims to empower over two crore retail merchants in the country with seamless banking services digitally.
29 Apr, 2021, 03.57 PM IST
ICICI Bank introduces ‘Cardless EMI’using PAN, mobile number: Here's how it worksThe pre-approved customers of ICICI Bank can buy electronic gadgets or home appliances from the leading retail outlets just by using their ...
19 Nov, 2020, 04.00 PM IST
Debit cards show up more at retail stores, less at ATMsThe RBI has set a goal of 44% PoS-based debit card transactions by 2021 to achieve less-cash economy.
25 Jun, 2019, 11.31 AM IST
Debit cards show up more at retail stores, less at ATMsATM transactions were just 66 per cent of total debit card use in April.
25 Jun, 2019, 10.05 AM IST
Pushing digital payments: Cash, but no cashDigital payments have expanded 10 times since the BJP-led government assumed charge in 2014.
12 Jun, 2019, 09.30 AM IST
UPI 2.0 may disrupt PoS bizPoS devices are used by local vendors and retail store operators to process payments through debit and credit cards with swipe and QR code ...
23 Apr, 2019, 01.13 PM IST
Reliance Jio takes first big step into fintech, enters PoS businessAfter acquiring over 200 million subscriber base, Reliance Jio is now eyeing the merchant community by entering the point-of-sale (PoS) seg...
10 Jan, 2019, 02.45 PM IST
150-retail outlets follow path initiated by Big Bazaar; decide to dispense cash from PoSRetail outlets, which see a minimum turnover of Rs 2 lakh per day, will be updated with this facility. They will be allowed to dispense up ...
30 Nov, 2016, 02.52 PM IST
CERT-In issues advisory on security of PoS systemsThe advisory also comes less than a week after Paytm launched a PoS service through its app last week and withdrew it only a day later.
28 Nov, 2016, 07.51 PM IST
A day after launch, Paytm discontinues app PoS for merchantsLaunched yesterday amidst much fanfare, the new feature was supposed to eliminate the need for a physical point-of-sale (PoS) terminal or a...
25 Nov, 2016, 03.17 PM IST
Now, deposit cash using card swipe machinesMasterCard has tied up with banks that install point of sales (PoS) terminals to accept cash deposits for loading onto prepaid cards.
30 Jul, 2016, 03.31 PM IST
Smart phones could be used as payment gateway; First Data in talks with merchantsFirst Data, a merchant service provider that launched mPOS, is in talks with merchants to use smart mobile phones to process transactions.
18 Jul, 2014, 06.06 PM IST
Adopt Aadhaar authentication for card-based transactions: RBIThe Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
26 Nov, 2013, 06.09 PM IST