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POS BUSINESS
Employee traumatised by sudden firing gets the last laugh. Company comes running back 6 months after terminationA Reddit post about a former employee being contacted by his old company months after being fired has sparked widespread discussion online....
One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
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...
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
PhonePe crosses 50 million merchants, expands digital payments and financial services footprint across IndiaPhonePe has achieved a major milestone with 50 million registered merchants. This growth signifies a significant step in bringing financial...
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
UAE slows down from Gulf war stress; raises remittance concerns for India amid layoffs, pay cutsThe United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...
BharatPe appoints Himanshu Verma as head of POS BusinessHe will focus on driving merchant adoption, strengthening distribution, and scaling the company's offline payments ecosystem.
POS business grew to $4 billion annualised transaction value, deployed over 1.25 lakh machines: BharatPeBharatPe has ramped up the reach of its POS business by 25X to over 250 cities in the last 12 months and since the launch in the second hal...
BharatPe eyes $6 billion in annualised transaction processed value from PoS businessThe company will also add loyalty and rewards features to the POS devices to aid merchants' business growth and drive increased consumer fo...
Mswipe to run PayU's offline POS businessPayU had an offline merchant acquisition team and has so far acquired over 9,000 offline merchants in the country.
- ICICI Bank sells POS business to First Data for USD 80 mn
ICICI Bank has sold its points of sale terminals that accept the debit and credit card payment to First Data Corporation for $80 million.
- SBI to enter POS terminals business
State Bank of India has decided to enter a new line of business in the coming fiscal, that of providing point of sales (POS) terminals to m...
- SBI to enter POS terminals business
KOLKATA: State Bank of India has decided to enter a new line of business in the coming fiscal, that of providing point of sales (POS) termi...