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RBI Permits Banks To Issue RuPay Prepaid Forex Cards
In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas.
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DoT Exempts Handsets, Smartwatches From Mandatory Testing Regime; Addresses Regulatory Overlap
The telecom department has exempted certain products including mobile user equipment, mobile handsets, and smartwatch from the ambit of its mandatory testing `MTCTE regime', removing a regulatory overlap that existed, an official release said on Saturday.
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Government Incentivises States Ensuring Transparent Ration Distribution
Government has amended the Food Security (Assistance To State Government Rules) 2015, so that states generate savings by using e-POS devices properly.
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Honda 2Wheelers India Signs MoU With Pine Labs For Easy Financing
Honda Motorcycle & Scooter India (HMSI) has signed a Memorandum of Understanding (MoU) with merchant commerce platform - Pine Labs to install POS machines across its dealerships pan India. The MoU will now provide a new purchase solution to debit and credit cardholders, by allowing convenient EMI options when purchasing a motorcycle or scooter. Und...
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IRCTC's New Initiatives: From Modern Kitchens To POS Machines For Cashless Transactions
Capacity of ticketing increased from 2,000 tickets per minute in 2014 to estimated 20,000 tickets per minute in 2018, said IRCTC.
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New IRCTC Service: Access Pre-Loaded Food Menu, Pay With Cards On 25 Trains
IRCTC or Indian Railway Catering and Tourism Corporation, a subsidiary of the Indian Railways that handles catering, tourism and online ticketing operations, is now offering pre-loaded menus and the facility of card payments on 25 trains. Passengers will now not have to worry about being overcharged as they will be able to pay via point of sale (Po...
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SBI's Free Of Charge PoS Machines: Withdrawal Limits And Other Features Explained Here
SBI is providing cash withdrawal through PoS without any fees or charges to all bank customers.
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Cash Crunch: SBI Asks Customers To Withdraw Up To Rupees 2,000 Per Day From PoS Machines For Free
Cash Crunch: State Bank of India (SBI) has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash.
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How IRCTC's Point Of Sale (PoS) Machines Will Help You In Your Train Journey
IRCTC recently introduced PoS or Point of Sale machines in three trains - the Aravali Express, the Telangana Express and the Sealdah Ajmer Express.
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Now, Pay For Your Train Meals Via Cards. 10 Points
Vendors who offer meals and catering items in the Indian Railways will not be able to overcharge passengers now! The Indian Railway Catering and Tourism Corporation (IRCTC) is introducing billing through Point of Sale (POS) hand-held machines in trains, said on official statement released on Wednesday. The move comes after some passengers registere...
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Samsung Pay Gets YES Bank Credit Card Support in India
"The partnership with YES Bank will enable more consumers to join Samsung Pay platform and go digital," said Sanjay Razdan, Director, Samsung Pay Business, in a statement.
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BHIM Transactions Cross Rs 1,600 Crore: What Is UPI, How To Use BHIM And More
To start using the BHIM app to send/receive money and use its other features, you need to register on the app to set up a four-digit passcode and a UPI-PIN or UPI Personal Identification Number.
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Cash Is Culture in India, but It’s Not Going to Be the Future
Even though digital payments have dropped post the demonetisation surge, cash is not going to remain king in India, says Infosys Finacle’s Senior Vice President and Regional Head, Venkatramana Gosavi.
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How a New Range of mPOS Systems Is Shaping India’s Payments Ecosystem
We're moving on from large PoS machines in shops to small devices that the deliveryman and the local paanwalla also have.
-
Budget 2017: Payments Industry Hails Proposal to Cap Cash Transactions and More
The industry is particularly enthused by the removal of import duty for point of sales (PoS) machines.
-
RBI Permits Banks To Issue RuPay Prepaid Forex Cards
In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas.
-
DoT Exempts Handsets, Smartwatches From Mandatory Testing Regime; Addresses Regulatory Overlap
The telecom department has exempted certain products including mobile user equipment, mobile handsets, and smartwatch from the ambit of its mandatory testing `MTCTE regime', removing a regulatory overlap that existed, an official release said on Saturday.
-
Government Incentivises States Ensuring Transparent Ration Distribution
Government has amended the Food Security (Assistance To State Government Rules) 2015, so that states generate savings by using e-POS devices properly.
-
Honda 2Wheelers India Signs MoU With Pine Labs For Easy Financing
Honda Motorcycle & Scooter India (HMSI) has signed a Memorandum of Understanding (MoU) with merchant commerce platform - Pine Labs to install POS machines across its dealerships pan India. The MoU will now provide a new purchase solution to debit and credit cardholders, by allowing convenient EMI options when purchasing a motorcycle or scooter. Und...
-
IRCTC's New Initiatives: From Modern Kitchens To POS Machines For Cashless Transactions
Capacity of ticketing increased from 2,000 tickets per minute in 2014 to estimated 20,000 tickets per minute in 2018, said IRCTC.
-
New IRCTC Service: Access Pre-Loaded Food Menu, Pay With Cards On 25 Trains
IRCTC or Indian Railway Catering and Tourism Corporation, a subsidiary of the Indian Railways that handles catering, tourism and online ticketing operations, is now offering pre-loaded menus and the facility of card payments on 25 trains. Passengers will now not have to worry about being overcharged as they will be able to pay via point of sale (Po...
-
SBI's Free Of Charge PoS Machines: Withdrawal Limits And Other Features Explained Here
SBI is providing cash withdrawal through PoS without any fees or charges to all bank customers.
-
Cash Crunch: SBI Asks Customers To Withdraw Up To Rupees 2,000 Per Day From PoS Machines For Free
Cash Crunch: State Bank of India (SBI) has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash.
-
How IRCTC's Point Of Sale (PoS) Machines Will Help You In Your Train Journey
IRCTC recently introduced PoS or Point of Sale machines in three trains - the Aravali Express, the Telangana Express and the Sealdah Ajmer Express.
-
Now, Pay For Your Train Meals Via Cards. 10 Points
Vendors who offer meals and catering items in the Indian Railways will not be able to overcharge passengers now! The Indian Railway Catering and Tourism Corporation (IRCTC) is introducing billing through Point of Sale (POS) hand-held machines in trains, said on official statement released on Wednesday. The move comes after some passengers registere...
-
Samsung Pay Gets YES Bank Credit Card Support in India
"The partnership with YES Bank will enable more consumers to join Samsung Pay platform and go digital," said Sanjay Razdan, Director, Samsung Pay Business, in a statement.
-
BHIM Transactions Cross Rs 1,600 Crore: What Is UPI, How To Use BHIM And More
To start using the BHIM app to send/receive money and use its other features, you need to register on the app to set up a four-digit passcode and a UPI-PIN or UPI Personal Identification Number.
-
Cash Is Culture in India, but It’s Not Going to Be the Future
Even though digital payments have dropped post the demonetisation surge, cash is not going to remain king in India, says Infosys Finacle’s Senior Vice President and Regional Head, Venkatramana Gosavi.
-
How a New Range of mPOS Systems Is Shaping India’s Payments Ecosystem
We're moving on from large PoS machines in shops to small devices that the deliveryman and the local paanwalla also have.
-
Budget 2017: Payments Industry Hails Proposal to Cap Cash Transactions and More
The industry is particularly enthused by the removal of import duty for point of sales (PoS) machines.
