Pos Terminals

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

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