Banks and mobile POS machines seem to have eyes for each other right now. Late last year Steward Bank was the first to get off their marks and they launched Kwenga. FBC followed suit a few months ago ...

New Delhi: The government on Monday announced the removal of excise duty on goods for manufacturing point-of-sale (PoS) machines that are in great demand as merchants are compelled to use them in the ...

Fintech major BharatPe launched its new Android point of sale (PoS) terminal called BharatPeSwipe Android which offers multiple modes for digital payment acceptance, including debit/credit cards, UPI, ...

Digital payment platform Paytm has announced new products for merchants and businesses in India. With the launch of an Android POS machine, an all-in-one QR code, the Paytm Business app, Paytm is ...

The PIDF Scheme was operationalised by the RBI in January 2021 to incentivise deployment of Point of Sale machines(PoS), mPoS (mobile PoS), Quick Response (QR) codes in tier-3 to tier-6 centres and ...

Last week FBC started advertising their new Kwik POS machine, and whilst it was very apparent that this would compete in the same space as Steward’s Kwenga POS device many other details were left to ...

Payments company ItzCash said that it will deploy 100,000 POS terminals targeting small businesses and shopkeepers. Bhavik Vasa, chief growth officer at ItzCash, said that the company had started the ...

The bank plans to carry out a software upgrade of its existing base of 4 lakh PoS machines to create what it calls a DigiPoS at no cost to merchants. HDFC Bank on Tuesday announced a software upgrade ...

The country’s largest private sector lender HDFC Bank plans to deploy one million of its newly launched point of sales (PoS) machines per year, said Parag Rao, Group head of payments, consumer finance ...