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SWIPE MACHINES
Psychology says late-night scrolling is not entertainment: Why your tired brain keeps watching one more video even when your body wants sleepPsychology says that the most important takeaway is that late-night scrolling is often about far more than entertainment. For many people, ...- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financingBank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...
- Tamil Nadu: EVMs moved to polling centres, 5.73 crore voters to decide fate of 4,023 candidatesTamil Nadu gears up for a major Assembly election on April 23. Over 5.73 crore voters will choose from 4,023 candidates. The DMK and AIADMK...
- BharatPe's point of sale vertical turns profitableBharatSwipe contributes over 20% to the overall payments transaction processed value of the company annually. BharatPe has an installed bas...
- Karnataka Bank launches all-in-one swiping machine for MSME customersBank’s MD & CEO Mahabaleshwara MS said the compact, lightweight and user-friendly device will be a game changer and transform the digital p...
- Card machines emerge as new agents for loansPine Labs has partnered 30 banks and NBFCs that have already run an analytics application on their debit card base to determine the extent ...
- This tech may replace swipe machines‘Tap to Phone’ will allow merchants to process payments made through contactless cards directly on their smartphones.
- Business correspondents seek subsidy for PoS terminals in villagesAt present, only banks get federal money support for deploying point of sale (POS) devices in rural areas.
- Number of swipe machines up 10 lakh since November 8According to SBI, given the level of digitisation, the requirement of currency notes in the economy will come down by over Rs 1 lakh crore.
- Demonetisation: Poor pushed to wall as most govt hospitals still insist on cashDespite various state governments issuing directives to state and municipality-run hospitals to promote digital payments, an overwhelming m...
- Cashless push: No tax on sale/rental of swipe machines in GujaratSwipe machines are purchased by banks and given on rent to merchants to accept payments through debit or credit cards from customers.
- Demonetisation effect: How the common man is going digital amidst cash crunchHere's a look at how tea and paan shop owners, key makers, newspaper vendors, masseuses, autorickshaw drivers, florists and even temples ar...
- 3,800 swipe machines at toll plazas by December 2Admitting that it will be a tough task, sources said many of these PoS machines will be mobile ones and can also be used by commuters waiti...
- Government pushes banks to install 1 million swipe machines in 3 monthsIn India, there are several manufacturers of mPoS terminals, which are point of sales terminals that work with a mobile device.
- Cash-for-card at 5,000 petrol pumps but currency still a hurdleThere are 56,190 petrol pumps in the country, including those run by private oil companies that have not been allowed to offer the cash-dis...
- Demonetisation gets 'acche din' for swipe-machine makersA day after PM Narendra Modi declared the old Rs 500 and Rs 1,000 notes as invalid, debit card transactions across the country soared by 10...
- 3 companies bid for Axis Bank’s swipe businessTwo largest US processors - Global Payments Inc and TSYS - as well as UK-based WorldPay have valued the Axis Bank network slightly below th...
- Banks to pay for credit card frauds: RBIBanks were required to get credit card swipe machines upgraded by September-end and have all the cards upgraded by November.
- Ezetap launches 1st 'Made in India' mobile point of sale unitEzetap launched the first domestically manufactured and globally certified mobile point of sale device for less than $50.
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