E-PaperPos Machine News
Wireless, smart PoS devices revamping India’s retail landscape
Startups are pushing their own Android-based PoS machines with touch screens, Wi-Fi and bar code readerTech startups like Pine Labs, Mswipe, Jumbotail and big companies like Reliance Jio have already begun pushing their own branded 'smart PoS' machines
3 min read11 Aug 2019How do contactless cards work?
If the transaction amount is above Rs. 2000, the transaction can not made through the tap-and-pay optionIf there is a fraud on the card, the customer is completely protected because the bank has to mandatorily cover the loss
1 min read23 Mar 2019Why India lags peers in digital payments
The recent Supreme Court ruling on Aadhaar and the lack of infrastructure, such as point-of-sale terminals, may stall the growth of digital payments
2 min read23 Oct 2018Digital payments: 4 emerging trends
Banks and fintech companies adopting new technologies for ultra-fast transactions, incentivisation of digital payments and use of data are some of the emerging trends that will push forward the adoption of digital payments
1 min read21 Aug 2018Capital Float’s click moment: Point-of-sale financing for consumers
We learned that we could leverage our existing merchant acquisition expertise, collaboration with Indiastack to expand into the avenue of consumer financing
1 min read16 Aug 2018Network issues scuttle cashless drive in this Maharashtra village
Maharashtra's Dhasai village went cashless on 1 December 2016 amid much fanfare after the demonetisation announcement, but now it is back to its old ways of dealing in cash
5 min read7 Nov 2017Flipkart’s PhonePe launches PoS machine for small merchants
Flipkart's PhonePe will initially sell 5,000 such point-of-sale (PoS) machines in Bengaluru and launch it in other cities early next year
2 min read1 Nov 2017Digital payments push may blow Rs3,800 crore annual hole in banks: report
After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments
2 min read28 Sep 2017Direct benefit transfer for fertilizers may begin in August
Fertilizer retailers in all states will complete deployment of PoS machines by the end of July to record details of farmers, sales
3 min read10 Jul 2017RBI: Digital transactions’ value rose by 2.4% in June
Total digital transactions rose 2.36% to Rs113.73 trillion, from Rs111.11 trillion in May, according to RBI
1 min read6 Jul 2017Popular Topics
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