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...
08 May, 2026, 01.57 PM IST
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...
08 May, 2026, 08.20 AM IST
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...
08 May, 2026, 07.45 AM IST
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...
29 Apr, 2026, 05.25 PM IST
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...
28 Apr, 2026, 01.42 PM IST
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...
04 Sep, 2023, 11.16 AM 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
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.
25 Aug, 2020, 08.39 AM IST
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...
20 Apr, 2020, 11.36 AM IST
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...
06 Mar, 2020, 08.57 AM IST
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...
29 Aug, 2019, 09.49 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
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 ...
16 Feb, 2018, 02.45 PM IST
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...
01 Nov, 2017, 08.02 AM IST
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.
03 Apr, 2017, 09.06 PM IST
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...
19 Jan, 2017, 09.06 PM IST
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...
29 Nov, 2016, 04.16 PM IST