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5,300 of 36,000 Indian SIMs used in Cambodia for Rs 100-crore cyber fraud in IndiaEnforcement Directorate uncovered a massive cyber fraud network. Thousands of Indian SIM cards were activated fraudulently. These SIMs were...- 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...
- 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...
- 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...
- From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
- Govt cracks down on diversion, black marketing of fertilisersTo safeguard agricultural stability, the government is intensifying efforts to eliminate fertiliser diversion and illicit marketing. Compan...
- Zoho launches Zakya to offer POS solutions in IndiaThe billing app from Zakya can bill even when used offline. Sales personnel can use the mobile Zakya POS billing app to parallelly bill cus...
- Temple and Panchayat payments go digital in next fintech waveSome early pilots are running where a PoS device is being installed at the level of a village panchayat and even in temples to ensure that ...
- 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 ...
- ICICI Bank makes InstaBIZ interoperable to help merchantsThe initiative leverages upon advanced APIs of the bank that digitally validates PAN/ Aadhaar number which is required for verification of ...
- HDFC offers cashback to small, medium merchants to encourage digital transactionsHDFC is targeting merchants with solutions on accepting payments, providing value-added services like creating a simple website for them, t...
- Airtel Payments Bank eases transactions for merchantsMerchants can select the Smart ePOS option in the Airtel Payments app, and a QR code will appear on the mobile screen for the payments to b...
- Pine Labs plans to deploy 1.5 lakh Android POS devices by next fiscalThe company plans to considerably scale up its Android POS network in 2020-21 to 1.5 lakh machines and diversify into newer industries. POS...
- Paytm launches All-in-One Android POS for SMEs and merchant partnersWith this, the company is aiming to simplify and digitize payments for both B2B and B2C players who make regular payments to a large number...
- 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.
- 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...
- PoS holes worry CERT-InThe CERT advisory pointed “skimming“ and malware as the two most common threats to transactions carried out at PoS terminals.
- After Paytm withdrew PoS app feature, peers look at ways of challenging the payment companyWhen the digital payment company launched its PoS app feature last week to accept credit and debit card payments on the phone, the key make...
- Zomato acquires US-based Nextable, to rename it Zomato bookThis news comes on the heels of Zomato's acquisition of the cloud-based restaurant POS product MaplePOS.
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