Pos Machines

New Delhi, Apr 10 Putting behind the controversy around its co-founder Ashneer Grover, fintech startup BharatPe has posted record growth in the fis..

Govt targets 5.5 million PoS machines by September

All PoS terminals or machines launched after July 1 will be Aadhaar-enabled and the existing terminals will be upgraded to the same in a year’s time.

Note ban triggers shift from unorganised to organised: Report

Demonetisation has catapulted the shift from unorganised to organised retail sector in the light of the cash crunch, according to ratings agency India Ratings and Research (Ind-Ra).

Demonetisation impact: Small shops in Dharavi still feel the pinch

Dharavi- one of Asia's largest leather markets was hit by the demonetisation drive. Sales were down by 50 to 60 percent and shops were struggling to procure POS machines. 50 days after the note ban, things are better but yet not normal, reports CNBC-TV18.

Availability of PoS machines to improve in coming days: Paswan

The availability of point of sale (PoS) machines for cash transaction will improve in the coming days, Food Minister Ram Vilas Paswan said today.

Govt receives over 1.5 lk complaints regarding cashless payments

The government has received over 1.5 lakh complaints between November 8 to December 10. Most complaints pertain to faults in point of sales (PoS) machines, servers and bandwidth. Complaints have been directed towards poor IT infrastructure of payment gateway management companies.

Govt asks banks to install additional 10 lakh PoS terminals

In order to promote digital transactions across the country, government has asked banks to install 10 lakh additional point of sale (PoS) terminals within four months.

Petrol pumps get into digital overdrive, play up wallets

Over 4,800 petrol pumps across the country are dispensing Rs 2,000 per card a day through POS machine swipes and have dispensed Rs 65 crore in the past two weeks.