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CARD SWIPE MACHINE
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...06 Mar, 2020, 08.57 AM IST- Beware of clone machine before swiping your cardThe modus operandi has indicated the usage of skimmer devices, which are used to illegally copy card details when it is swiped at an ATM or...10 Apr, 2018, 11.40 AM IST
- SBI arm to offer credit cards against Rs 25,000 fixed deposit of any bankThe subsidiary's move dovetails with the parent bank's latest plan to install around five lakh additional card swipe machines.21 Dec, 2016, 11.21 AM IST
- 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...14 Dec, 2016, 11.15 AM IST
- Hayana power utilities to introduce PoS machinesThe minister said the departments are required to enter into separate agreements with SBI for opening of bank accounts and for installation...09 Dec, 2016, 07.28 PM IST
- Before note ban, debit card was used 2.2 times per yearThe government announced that all public sector banks and some private banks have waived the merchant discount rate on debit cards until De...24 Nov, 2016, 11.13 AM IST
- 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...21 Nov, 2016, 11.19 AM IST
- 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...15 Nov, 2016, 11.20 AM IST
- Now, deposit cash using card swipe machinesMasterCard has tied up with banks that install point of sales (PoS) terminals to accept cash deposits for loading onto prepaid cards.30 Jul, 2016, 03.31 PM IST
- SBI to add 10 lakh card swipe machines at storesSBI will install 10 lakh payment card swipe machines (point of sales, or PoS, terminals) across the country, which will double the number o...25 Jun, 2015, 11.26 AM IST
- Banks override credit card PIN requirementBanks are also in a dilemma over new machines as RBI has made it mandatory that all new machines should be capable of biometric identificat...15 Apr, 2014, 02.10 PM IST
- Going mobile with cards ups risks for banksSecurity issues could also hamper usage of mobile point of sales machines which banks have been looking at for cash-on-delivery solutions f...05 Dec, 2013, 08.27 AM IST
- 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...05 Dec, 2013, 08.22 AM IST
- 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.29 Sep, 2013, 07.23 AM IST
- 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 $50.22 Jul, 2013, 03.17 PM IST
- RIL co, French IT services major Atos in race to man PSB ‘swipe’India has more than 314 million debit cards but less than 10% of them are used for transactions at shops.22 Feb, 2013, 10.58 AM IST
- Europe’s card services company to buy Venture Infotek for $100 millionThis will be the largest deal in the payment space, bigger than KKR’s acquisition of ICICI Bank’s merchant acquiring business.27 Aug, 2010, 03.14 AM IST
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