Card Swipe Machines News

Industry

Rollout of Aadhaar-enabled PoS terminals, ATMs likely to be delayed again

The building blocks to meet mismatch between demand and supply of Aadhaar-enabled PoS terminals and ATMs are still not in place, industry experts say

2 min read9 May 2017
Companies

Mswipe in talks to raise up to $40 million

Mswipe, the maker of mobile PoS devices to enable digital transactions, has appointed investment bank Avendus Capital to help it raise funds

2 min read10 Apr 2017
Industry

MasterCard eyes 1 million traders on its BharatQR platform

MasterCard CIO Garry Lyons says BharatQR democratizes the payments process as merchants don't need to have a PoS device but only a QR code

3 min read2 Mar 2017
Politics

This Maharashtra village is going cashless to tackle demonetisation

And, in the process, Dhasai village in Thane district of Maharashtra has become a template for a cashless economy in rural India

3 min read13 Dec 2016
Industry

Government removes excise duty on PoS machine manufacturing to ease cash flow

Finance minister Arun Jaitley tabled a notification in the Lok Sabha to exempt point-of-sale machines from 12.5% excise duty and 4% SAD until 31 March 2017

1 min read29 Nov 2016
Companies

PayU ventures into hardware with point-of-sale machines

PayU plans to take this product to other markets such as Central and Eastern Europe, Africa and Latin America by the end of the current financial year

3 min read8 Jun 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles
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