Latest News on Pos Terminals
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Pos Terminals - Total results - 6
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Apr 19, 2018
Cash crunch: Cashless economy is still far away; govt hasn't done enough to push digital transactions
The steps thus far taken by the government are few and unsubstantial like 0.75 percent cash back on card payments in petrol bunks, waiver of user charges for online booking of rail tickets, etc. -
Jul 13, 2017
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 -
May 25, 2017
Demonetisation impact: 12.54 lakh swipe machines added in January-March, says finance ministry
To augment card acceptance infrastructure for use of debit cards, a major drive was undertaken between December 2016 and March 2017, resulting in an increase in PoS terminals -
Mar 09, 2017
Demonetisation: Cash is back, punching holes in Modi’s 'cashless' plan, and it's not a surprise
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 -
Dec 07, 2016
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 -
Jan 31, 2007
Card Frauds Incite Global Demand For EFT POS Terminals
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