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News
Point of Sale
Point of Sale News
Demonetisation
25 May 2017
Post-note ban 12.54 lakh PoS terminals added in Q4
Post the November 8 demonetisation measure, 12.54 lakh Point of Sale (PoS) terminals have been added during the fourth quarter of the last fiscal ended March to facilitate more digital transactions, the government has said.
debit cards
13 Dec 2016
Be careful before you swipe your credit/debit cards – Here is why!
While there is no denying that the government is making all efforts to fight black money and corruption through demonetisation and make India a cashless economy, one must also accept the fact that the move has been misused by many.
Finance Minister
11 Dec 2016
To promote cashless economy govt announces discount on online railway bookings, lowers rental on PoS
Finance Minister Arun Jaitley announced various discounts in order to promote digital and cashless economy on Sunday in the two-day long meeting of the GST Council.
Demonetisation
28 Nov 2016
Demonetisation: Govt removes excise duty on POS machines
Government on Monday removed excise duty on goods for manufacturing of POS (Point of Sale) machines that are in great demand as merchants are being compelled to use them in the wake of currency crisis.
SBI Quick
25 Apr 2016
SBI Quick introduces facility to control debit card frauds
Considering the rising number of debit card frauds, State Bank of India (SBI) has launched a facility under 'SBI Quick: SMS and Missed Call Banking' service whereby the customer can choose to activate or deactivate their cards using various platforms, like ATM, and Point of Sale (POS).
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