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UPI AND RAZORPAY POS
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...
- PoS devices still not (s)wiped out in UPI waveRapid technology innovation that has enabled these devices to process all forms of payments from cards and buy-now-pay-later to UPI, as wel...
- Razorpay elevates Khilan Haria as chief product officerIn the role of CPO, Haria will be responsible for shaping the company’s product strategy and enhancing Razorpay’s product stack.
- India to have 150 fintech unicorns with combined $500 billion valuation by 2030: reportThe report, titled ‘Indian Fintech Journey from Evolution to Mega Public Listings’, released on Tuesday, forecast that the combined revenue...
- Razorpay launches Q-Zap, new solution for faster offline billingRazorpay launches Q-Zap for offline payments, reducing billing time by 40% and operating costs by 20%. Offers seamless integrations with 12...
- Cred launches offline QR code-based ‘scan and pay’ paymentsPeak XV-backed startup Cred has been pushing its UPI payments feature aggressively. The fintech wants its customers to use the app to scan ...
- Razorpay doubles down on existing customers as new onboarding remains pausedOn Monday, Razorpay launched its latest solution, Optimizer, which will allow businesses with large transaction volumes to avoid failures b...
- Worldline starts its own merchant acquisition in IndiaFrench payment company has been offering digital payment services in India for years, but only on behalf of banking partners. But now it in...
- With new payment terminals, it’s ‘battle on’ between Pine Labs and PaytmBoth companies launched similar products around UPI and tap-and-pay card payments Monday, looking to grab a larger share of the offline pay...
- Reward points and freebies push credit card spends to record levelsAverage monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a mo...
- RBI planning strict rules for firms offering payments via PoS machinesThis will bring companies like Pine Labs, MSwipe, Innoviti Payments, and Ezetap that are deploying point-of-sales terminals, mobile payment...
- UPI merchant payments to reach $1 trillion by FY26: ReportDigital and non-cash payment modes will contribute to almost 50% of the total consumption, if this current momentum continues.
- Paytm to monetise offline merchant base; plans to cut losses by half: Vijay Shekhar SharmaThis will be done by monetising its offline merchant base, scaling its merchant network, and rolling back on discounts across businesses.
- Not many new players will enter UPI space: ReportThe report also came out with a list of top-30 fintech influencers, which includes Niti Aayog Advisor Anna Roy, Ujjivan Small Finance Bank ...
- Pushing digital payments: Cash, but no cashDigital payments have expanded 10 times since the BJP-led government assumed charge in 2014.
- Government writes to banks on patchy PoS numbersBanks were allocated targets of 20 lakh physical and mobile PoS deployment in FY19 but achieved only 44% of the target by the end of Januar...
- How online payments became simple with one piece of techUPI’s simplicity has dramatically reduced costs, which has given startups a more level playing field.
- Paytm replaces its app PoS feature with P2P payment system for merchantsPayTM said it has received the approval of the RBI for the new payment feature and that it will allow businesses to accept payments at 0% f...
- Demonetisation: How technology came to the rescue of BengaluruThe day demonetisation hit, Bengaluru saw a surge in signage for digital payments and a large percentage of the businesses moving to digita...
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