RIL is India's largest petrochemical and second-largest oil refining company.

The increase in the number of m-PoS machines is an indication of the surge in transactions at kirana stores and with agents on motorbikes.

The key feature of the new Android-based mobile POS is that it is a single device with in-built finger print scanner, card reader, camera, ...

Entities such as Mswipe and Ezetap have boosted their revenue figures and narrowed their loss margins.

This is Ezetap's second acquisition, and the company said it will scout for more acquisitions as it looks to cover the entire gamut of paym...

This will enable over 500 service centers across the company receive payments digitally, needing just a bank account and a feature phone.

According to SBI, given the level of digitisation, the requirement of currency notes in the economy will come down by over Rs 1 lakh crore.

In India, there are several manufacturers of mPoS terminals, which are point of sales terminals that work with a mobile device.

Newer technologies, such as sound-based proximity transaction offered by fintech startup ToneTag, are seeing faster adoption now.

The mobile wallets business, led by Oxigen and Paytm, has the potential to be worth Rs 5,793 crore in the next four years, from a meagre Rs...

The startup also intends to take advantage of it being the only mPOS player in India with direct connectivity to VISA for transaction proce...

As of April 30, the state owned lender had a PoS network of 3,07,000, 26% of which were in the semi urban and rural areas, the bank said in...

Mumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansio...

The move is expected to help Freecharge to accomplish seven million transactions a day on its platform by the end of 2016.

The acquisition will help Suvidhaa reach bottom-of-pyramid customers in the semi-urban and rural areas.

First Data, a merchant service provider that launched mPOS, is in talks with merchants to use smart mobile phones to process transactions.

The company plans to launch this mPOS solution to metros like Delhi, Hyderabad, Chennai, Mumbai, Kolkata and Chandigarh.