Pos Machines 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 2019

Why 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 2018

Digital 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 2018

Capital 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 2018

Network 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 2017

Flipkart’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 2017

Digital 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 2017

Direct 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 2017

RBI: 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 2017

News in numbers: Over 2.5 mn PoS machines at shops now, says NPCI

In other news, e-commerce firm Flipkart raises $1.4 billion funding from eBay, Microsoft and Tencent

2 min read11 Apr 2017
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