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Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...- 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...
- 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...
- 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...
- 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 ...
- ShopSe raises Rs 40 crore led by Chiratae Ventures, BeeNextThe PoS startup specialises in providing a common digital platform between lenders and retailers for customers making point purchases at st...
- 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...
- What is ethereum mining?The maximum number of bitcoins are capped at 21 million while the total ether supply has no such cap
- For a digital change, India may need 20 lakh more PoS machinesThe finance ministry has also announced a number of small incentives to push digitalisation.
- 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...
- Mumbai-based mobile PoS player MSwipe betting on varied SMEs for expansionMumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansio...
- 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...
- Suvidhaa Infotech acquires mPoS platform AasaanPayThe acquisition will help Suvidhaa reach bottom-of-pyramid customers in the semi-urban and rural areas.
- 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...
- RuPay cards to be acceptable at all PoS terminals by January: NPCIRuPay, the domestic debit card payment platform, launched by the National Payment Corporation of India, is likely to be acceptable at all P...
- SBI to ramp up point of sale terminals by over 5-fold to 1 lakh by MarchState Bank of India is targeting to massively increase its point of sale (PoS) terminals to one lakh by next March from the current 18,500,...
- SBI to add 5,00,000 point of sale terminals by 2010The number of outlets accepting plastic for payments is set to grow more than 150%, with the State Bank of India (SBI) planning to add half...
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