Pos

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Pos - Total results - 32
RBI issues new guidelines for credit, debit cards; move aims to prevent digital transaction frauds
Business

RBI issues new guidelines for credit, debit cards; move aims to prevent digital transaction frauds

The latest instructions, however, are not mandatory for prepaid gift cards and those used at mass transit systems, the RBI added.

1.3 million debit and credit card data of Indian users reportedly being sold on the dark web
News & Analysis

1.3 million debit and credit card data of Indian users reportedly being sold on the dark web

The source of the breach is yet unknown but the data analysis have found Track 2 data in the card dump.

HDFC Bank, Indian Oil launch co-branded fuel credit card for users from non-metro cities; to be available on RuPay, Visa platforms
Business

HDFC Bank, Indian Oil launch co-branded fuel credit card for users from non-metro cities; to be available on RuPay, Visa platforms

The HDFC Bank, IOC co-branded fuel card offers customers the highest rewards and benefits on fuel consumption and will be available on both RuPay and Visa platforms

Aadhaar-enabled Payment System: How to avail banking services on NPCI platforms; all you need to know
Business

Aadhaar-enabled Payment System: How to avail banking services on NPCI platforms; all you need to know

Aadhaar-enabled Payment System (AePS) has crossed the milestone of over 200 million transactions during July this year

Aadhaar-enabled payment systems cross 200 mn transactions on NPCI platform in July
Business

Aadhaar-enabled payment systems cross 200 mn transactions on NPCI platform in July

NPCI's Aadhaar-enabled Payment System (AePS) is a bank-led model which allows basic interoperable banking transactions at PoS or MicroATM through business correspondent of any bank.

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers
Business

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers

Tokenisation is a process aimed at increasing the security and safety of payment systems by replacing the card details with a unique alternate payment ID or code termed as a ‘token'.

RBI's MDR rationalisation may discourage retailers, undermine digitisation efforts, say experts
Business

RBI's MDR rationalisation may discourage retailers, undermine digitisation efforts, say experts

If the RBI ensures equitable distribution of MDR margins between all parties, then the acquirers will have enough resources to deploy the expensive POS terminals across all establishments in the country and thus help grow digital transactions

Samsung India announces partnership with YES BANK; will support credit cards on Samsung Pay platform
News & Analysis

Samsung India announces partnership with YES BANK; will support credit cards on Samsung Pay platform

Samsung Pay will allow YES BANK credit card holders to make payments using Samsung smartphones at Point of Sale (PoS) card machines at merchant outlets.

HP unveils new point-of-sale system to transform in-store experience for customers
News & Analysis

HP unveils new point-of-sale system to transform in-store experience for customers

HP has unveiled a new point-of-sale (POS) system to reinvent how technology can transform the in-store experience for customers.

POS industry wary of Aadhaar-enablement over cost, security issues
Business

POS industry wary of Aadhaar-enablement over cost, security issues

Apart from the increased security vulnerability to the person's biometrics, another deterrent to the digital mode would be the increased costs of the additional hardware.

Budget 2017: Government increases incentives for electronics sector including 'record allocation'
News & Analysis

Budget 2017: Government increases incentives for electronics sector including 'record allocation'

The Government today announced various measures for the electronics sector as part of Budget 2017-18 which includes "record allocation" of Rs 745 crore towards incentive schemes like M-SIPS and EDF and duty exemption on POS machines.

Budget 2017 expected to have incentives for the makers of ATMs and PoS machines
News & Analysis

Budget 2017 expected to have incentives for the makers of ATMs and PoS machines

To promote digital payments, the upcoming budget may offer incentives to companies which manufacture equipment like PoS machines and micro ATMs.

Digital payments: Budget may give sops to PoS, micro ATM makers
Business

Digital payments: Budget may give sops to PoS, micro ATM makers

According to sources, the government may cut or eliminate excise duty on manufacturing of micro ATMs, finger print readers, biometric cards and PIN cards.

Demonetization has turned India into a key target for cybercriminals, says F-Secure
News & Analysis

Demonetization has turned India into a key target for cybercriminals, says F-Secure

Post demonetization, India is expected to be a key target for cybercriminals using malware to attack point-of-sales (POS) devices and mobile wallets this year, security software firm F-Secure said today.

Railways to introduce POS machines at 13,000 train ticket reservation counters across India
News & Analysis

Railways to introduce POS machines at 13,000 train ticket reservation counters across India

To encourage cashless transaction, Railways will install card swipe machines at parcel booking offices and all ticket reservation counters in all major stations.

Securing ATM and PoS: A case for use of stronger encryption
News & Analysis

Securing ATM and PoS: A case for use of stronger encryption

A National Encryption Policy draft was issued in late 2015. This was, however, withdrawn due to serious flaws. Since then, there has been no other announcement towards use of acceptable encryption in India.

ICICI Bank will transform 100 villages in 100 days in effort to provide digital ecosystem in rural India
News & Analysis

ICICI Bank will transform 100 villages in 100 days in effort to provide digital ecosystem in rural India

The financial institution has decided to convert all of the 100 villages into 'ICICI Digital Villages' which is in line with the bank's effort to arrange digital ecosystem across the country.

The role of POS expansion in the vision of financial inclusion
Biztech

The role of POS expansion in the vision of financial inclusion

Recent announcements by the government on POS (point of sale) expansion and incentivizing card payments show that it means business.

GoDB Tech Develops Mobile Insurance POS Platform For Reliance General
Biztech

GoDB Tech Develops Mobile Insurance POS Platform For Reliance General

The M-POS application is presently rolled out on Android devices and is powered by the GoDB Mobility platform.

HP Announces Solutions To Help Retailers Engage With Customers
Biztech

HP Announces Solutions To Help Retailers Engage With Customers

Announces the HP rp5800 Retail System- a point-of-sale solution