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POS DEVICES
India’s unincorporated businesses rise to 9.2 crores in Q4FY26India's small businesses are booming. The number of unincorporated establishments grew by 16.7% to 9.2 crore in the January-March quarter. ...- Unincorporated establishments surge to over 9 cr; jobs hit 15-cr mark: Govt surveyIndia's unincorporated non-agricultural sector shows remarkable growth. Over 9 crore establishments now operate, employing more than 15 cro...
- 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...
- Inside WhatsApp's measures to curb digital arrest scamsWhatsApp is using AI to combat digital arrest scams, banning thousands of impersonating accounts. Authorities are working to prevent signif...
- 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...
- Pine Labs introduces new PoS device for QR, card-based paymentsWhile cheaper variants of devices in the market today are focused solely on either QR-based or card-based payments, Pine Labs’ new offering...
- 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...
- 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.
- Ezetap, Mosambee and others see a sharp drop in demand as businesses close downWhile mobile PoS player Mosambee has not been hit due to supply chain disruption as it stocked up devices for two quarters from China, it i...
- 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...
- RBI asks banks to extend PoS cash withdrawal facilityEarlier, the RBI had instructed to banks on cash withdrawal at PoS (point of sale) devices enabled for all debit cards and open-loop prepai...
- 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...
- PhonePe partners with IOCL for deployment of PoS terminalsAs part of this partnership, customers can pay using UPI, credit and debit cards, PhonePe wallet and other external wallets like Jio Money ...
- PhonePe eyes offline market with low-cost PoS devicesThe handheld device, which doubles up as a calculator, will elevate PhonePe's current offline daily transactions of around 10,000 to one mi...
- Will reach 1 lakh PoS devices network in FY18: ItzCashPrimarily into prepaid payments, ItzCash Card got into PoS terminal business after demonetisation and has since deployed 30,000 devices.
- Norms eased for PoS devices import till March 31PoS devices and sealed secondary cell/batteries containing alkaline or other non-acid electrolytes for use in portable applications have to...
- Excise exemption on PoS device manufacturing till March'17Since the announcement of demonetisation of 500 and 1,000 rupee notes on November 8, the government has laid increased emphasis on promotin...
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