In Gansu, for example, Chinese banks have teamed up with shop owners in towns and villages by giving them point of sale (POS) machines. Locals can deposit, withdraw or transfer money via the ...

But, there is a nominal transaction charge involved that the banks charge for offering the service as it is instantly transferring money into the account of the trader. However, the POS machines ...

Trustwave, which helps protect retailers from hackers, said that keeping credit card machines safe is low on a store's list of priorities. "Companies spend more money choosing the color of the ...

Financial institutions should make it easy for businesses to get a POS machine The government should lead the effort of promoting the use of plastic money on its many stations and newspapers The ...

Today, BharatSwipe is said to contribute over 20 per cent to the overall payments Transaction Processed Value (TPV) of the company annually, with an installed base of close to 2 lakh POS machines ...

Since then, the bank has been at the forefront of driving financial inclusion through its POS machines ... is open to all merchants except Cash and Money Transfer Agents. Merchants and businesses ...

hereby reiterates the ban on the utilization of POS machines and other electronic mobile money transaction devices within police stations and other police facilities nationwide. “The ban is ...

The PIDF Scheme was operationalised by the RBI in January 2021 to incentivise deployment of Point of Sale machines(PoS), mPoS (mobile PoS), Quick Response (QR) codes in tier-3 to tier-6 centres ...

IRCTC is the ticketing and catering arm of the Indian Railways. The Railways has issued instructions to all its zones to ensure at least 10 point of sale (POS) machines on each train under their ...

Some of them who spoke to the News Agency of Nigeria (NAN), on Wednesday, said they were recording tremendous sales through the use of Point of Sale (POS) machines, and electronic transfers for ...