Pos

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

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

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

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

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

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.

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

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

4G Identity Solutions Wins Orissa UN World Food Programme Contract

The contract calls for expanding the WFP's Public Distribution System (PDS) project in the state of Orissa.

SBI Engages Opus Software Solutions To Power ATM/ PoS Network

Migration of ATMs has already commenced and would be complete in six to eight months, making this the fastest migration of an EFT Switch of this scale across the world.