Pos Terminals
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Digital transactions volume 'leapfrogged' by 3 years post-demonetisation, says SBI report
•Increasing number of PoS terminals and ease of doing digital transaction will increase this level further, SBI report said
Demonetisation: Cash is back, punching holes in Modi’s 'cashless' plan, and it's not a surprise
Dinesh Unnikrishnan123 •After note ban spike in digital transactions was mostly due to lack of an alternative option. When cash returned, people went back to their old ways
Banks told to instal 10 lakh more point-of-sale terminals in 4 months to expand digital payments
•To encourage purchase of PoS machines, the excise duty payable on acquisition of POS machine which was earlier 16.5 per cent has been waived till March 31
Card Frauds Incite Global Demand For EFT POS Terminals
Minu •