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Credit card transactions jump 2.6 times in four years: RBI reportCredit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Deb...- 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...
- 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...
- Infibeam Avenues launches mobile app with TapPay featureInfibeam Avenues' new offering is expected to revolutionise the Rs 27 billion PoS market in India. Merchants will be able to convert their ...
- BharatPe eyes $5 billion annualised transaction value from PoS biz in FY21The point of sale (PoS) business now contributes to 25 per cent of the annualised transaction value, according to a statement.
- 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.
- 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...
- Centre launches fertiliser DBT 2.0 initiativesThe Centre Wednesday launched three new technology initiatives to transfer over Rs 70,000-crore fertiliser subsidy directly to farmers' ban...
- Digital battle for kiranas to get tough with Jio’s PoSThe launch of Jio's point of sale terminal is set to intensify war over 15 mn kirana stores among payment cos.
- 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...
- Paytm is looking to cash in with a PoS business planThe payments player, which was using QR codes to ramp up offline digital payments, is now opening card payments at merchant locations as we...
- 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...
- Top ATM maker Diebold seeks to cash in on demonetisationThe company, which has just completed integration following the buyout of Nixdorf, now manages a little over 1,05,000 ATMs out of the total...
- Hyperlocal firm Zopper acquires software company EasyPoSThe move is directed at raising additional revenues via point of sale solution and increasing stickiness in the network of small and medium...
- SBI to ramp up point of sale terminals by over 5-fold to 1 lakh by MarchState Bank of India is targetting a massive increase in its point of sale terminals to one lakh by next March from 18,500 now, a senior off...
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