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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...- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- 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...
- Cos get time till March 31 to register SIM dealersThe Department of Telecommunications has extended the deadline for mobile phone operators to register their agents until March 31, due to B...
- Telecom Department tightens norms to curb SIM fraudsThe Department of Telecommunications (DoT) in India has tightened rules around verification requirements for customers seeking mobile phone...
- Verification mandatory for SIM card dealersThe Indian government has made it mandatory for SIM card dealers to be verified and has discontinued bulk connections to combat online fina...
- Cyber frauds: Verification now mandatory for SIM card dealers, no bulk connectionsThe telecom operators will do mandatory registration of franchisee, point of sale (PoS) agents and distributors. This will help in eliminat...
- Large retailers wooing kirana stores with PoS machines 2.0Reliance Retail has been testing a PoS project with 1,200 mom-and-pop outlets for the past couple of month.
- Mswipe raises Rs 220 cr from existing investorsWhile B Capital Asia & Epiq put Rs 70 crore, Falcon Edge invests Rs 57 crore and DSG Partners Rs 21 crore.
- Paytm is looking to cash in with a PoS business planThe payments player, which was using QR codes to ramp up offline digital payments, is now opening card payments at merchant locations as we...
- Mobile PoS firms one of the largest beneficiaries of digitisationEntities such as Mswipe and Ezetap have boosted their revenue figures and narrowed their loss margins.
- Demonetisation has brought nation 3 years ahead in digital payments: SBI EcoflashThe report stated similar trends are observed in the case of usage of pre-paid instruments (PPI) (like m-Wallet, PPI cards and paper vouche...
- Smart PoS machines can even do your tax mathMSwipe, a mobile PoS machines company, has around 5k smart devices in the country.
- ICICI Bank tries to add more merchants to its e-platformsIt plans to double the number of merchants using its point-ofsale machines and the Eazypay mobile application to 5 lakh in the next few mon...
- Wah Taj! Say it with ewalletsThe Archaeological Survey of India has ordered more than 70 point-of-sale (PoS) terminals from private sector lender Axis Bank as it seeks ...
- Less-cash economy? Post-noteban card usage at PoSes plungesThe debit and credit cards transactions at PoSes were worth Rs 352.4 billion in value terms in November and Rs 181.3 billion till December ...
- Mumbai-based mobile PoS player MSwipe betting on varied SMEs for expansionMumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansio...
- Hyperlocal firm Zopper acquires software company EasyPoSThe move is directed at raising additional revenues via point of sale solution and increasing stickiness in the network of small and medium...
- 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...
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