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Payments companies see PoS pause on war-related imports squeezeIndia's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and...- Billdesk to acquire Worldline’s India operations; deal values business at $70 millionBilldesk is set to acquire the India payments business of French payment giant Worldline for an estimated equity value of $70 million. In a...
- hBits to raise Rs 500 crore through AIF in a firstThis will be the first such fund raised by any fractional ownership platform in India. The company will be tapping both domestic as well as...
- hBits to add Rs 1,000 crore worth asset under fractional ownership platform“With pandemic, everyone is looking for safe investment avenues and regular income. We had earlier given ourselves a target of Rs 500 crore...
- Worldline, Ingenico merger to aid combined entity's foray into new businesses in IndiaIn India, Worldline is among the leading facilitators of offline merchants, while Ingenico leads in the payment gateway space.
- Now, banks, PoS deployers say no to ChinaIndian PoS manufacturers are also sensing an opportunity to scale their products amid the Make in India drive.
- Chinese PoS devices here to stay as cheaper options not on cardsAmid growing demand for digital payments in India, these swipe machines are the key hardware to process credit and debit card-based transac...
- Covid-19 to hit imports of card swipe machinesIndian payment companies get 90% of their point-of-sale terminals from China and their imports are now on the verge of getting disrupted as...
- Ingenico Group ties up with IKEA India to enable digital paymentsIKEA will be launching its online shopping services in Mumbai, followed by Hyderabad
- Payment gateway firms split on RBI interventionSome payment gateway firms fear that regulatory scrutiny could cause operational challenges and stifle innovation.
- RBI move to regulate ePayments may secure, stabilise ecosystemIndustry sources pointed out that since the RBI encouraged the companies to bring in innovations in the retail payments space, multiple pla...
- Global payment firms ready to cut more cheques in IndiaPayment multinationals such as US-based Ebix, Naspers-backed PayU, France’s Ingenico Group and PayPal are among those that have established...
- Digital transaction preferred payment option during ecommerce salesAnalysts estimated that digital payments comprised 55-60% of all ecommerce transactions during the festive sales.
- UAE Based payment solution provider OMA Emirates announces Indian operationsThe acquisition by OMA Emirates enables MobiSwipe to be offered in countries outside of India.
- Ingenico to buy TechProcess for Rs 600 croreThe deal will give a clutch of private equity investors, including ICICI Venture and W Capital, an exit from TechProcess and help Ingenico ...
- Banks queue up to procure point-of-sale machinesBankers said one million terminals are likely to be installed in the next six months with the government tracking their installation on a r...
- Government pushes banks to install 1 million swipe machines in 3 monthsIn India, there are several manufacturers of mPoS terminals, which are point of sales terminals that work with a mobile device.
- China’s Alipay pushes into Europe with Ingenico Payments DealIt promises to drive business to retailers, with a wallet app that lets some 450 million users pay, but also suggests stores, restaurants a...
- Mobile ecash payment for merchants now made easy by EzetapThe first-of-its-kind move is expected to help merchants accept payments from an ewallet using tap-and-pay or single-factor authentication ...
- Worldpay Group Ltd valued at $7.4 billion in London listingWorldpay Group Ltd has priced its listing on the London Stock Exchange at 240 pence per share, valuing the business at 4.8 billion pounds (...
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