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Paytm launches All-in-One Android POS for SMEs and merchant partners

Tuesday, February 4, 2020, 4:00 PM

Paytm announced the launch of All-in-One Android POS device for merchant partners and Paytm Business Solutions. The All-in-One Android POS will help merchants to accept payments through Paytm Wallet, all UPI based apps, debit & credit cards and cash. Besides accepting payments, merchants will also be able to generate GST compliant bills and manage all transactions and settlements through their app at one go.
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Number of debit cards fell 11% year-on-year in June

Friday, August 23, 2019, 9:57 AM

The number of debit cards in circulation dropped over 11% between June 2018 and June 2019 to 837 million, as per data released by the Reserve Bank of India (RBI) and shared by payment service provider Worldline in a recent report. The drop in cards outstanding was a result of mass closure of zero-balance accounts, Worldline said.
 
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Debit cards show up more at retail stores

Tuesday, June 25, 2019, 6:39 PM

Bank customers are increasingly getting comfortable making payments through debit cards on swipe machines at kirana stores and local retail outlets. Latest data from the RBI show that over a third of all debit card transactions were made at point of sale (PoS) terminals in April this year for the first time since demonetisation.

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