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    • Powered by quick commerce, online credit card payments set to surpass offline transactions

      Shift towards UPI for small payments have also led to the decline of credit cards use at offline outlets

    • Pine Labs' India business revenue rises 2.8% to Rs 1,317 crore in FY24, but losses surge threefold

      At the group level, which includes its international businesses and subsidiaries, Pine Labs saw consolidated revenue rise by 9.8 percent to Rs 1,743 crore in FY24, with majority business coming from India entity.

    • BharatPe clocks its highest-ever gross revenue in August 2023 at $23.5 million, ARR zooms to $282 million

      The pick up in growth will not only give a fillip to its plans for a public listing but also comes as a relief, after the high drama that roiled the startup in the last year.

    • Paytm to add 1.5 million PoS devices every quarter, bets big on merchant lending

      As of September 2023, Paytm has a merchant base of around 3.8 crore and merchant paying subscription for devices has reached 92 Lakh an increase of 44 Lakh YoY and 14 Lakh QoQ.

    • Behind Paytm and Pine Labs launching devices with identical functions on same day

      As faster, more convenient, and cheaper payment methods gain popularity, India-specific innovations such as stripped down POS devices will help digitise merchant payments in smaller towns and cities.

    • Cashfree exploring strategic sale, Pine Labs emerges as frontrunner

      While Cashfree is asking for $1.2 billion, the suitors are seeing only $600 million value at the top end for the company, sources have told Moneycontrol

    • Razorpay makes offline foray, acquires PoS player Ezetap

    • Infibeam Avenues Q1 Result | Profit jumps 69% YoY to Rs 23 crore, revenue up 41%

    • Fintech startup Innoviti raises $45 million led by Singapore's Panthera Growth Partners

    • Over 1.18 cr payment devices deployed across country till April : RBI data

    • Digital transaction failed? Your bank will now pay you a penalty

    • Paytm looks to enter card payment business, plans to roll out PoS machines

    • Withdraw up to Rs 2,000 from PoS machines free of charge: SBI

    • Insurers to line up products to be sold by point of sale persons

    • Now, devotees can donate by scanning QR codes

    • Union Budget 2017-18: Govt removes all taxes on PoS machines to push e-payments

    • Norms eased for PoS devices import till March 31

    • SBI waives debit card charges for small merchants for 1 year

    • Demonetisation: Special fund to aid spread of digital payment infrastructure

    • Use e-wallets, PoS beyond 'hazardous area': Govt to petrol pumps

    • Less-cash economy? Post-noteban card usage at PoSes plunges

    • Govt working with banks, global cos to ramp up PoS machines

    • Aiming for 20-25% revenue growth in FY17: Mandhana Industries

    • Govt asks banks to install additional 10 lakh PoS terminals

    • Nucleus Software develops offline payment solution

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