Q. Which bank has the second-largest number of PoS machines in India?
Answer:
Axis Bank
Notes: Axis Bank has become the second-largest merchant-acquiring bank in the country, leapfrogging two spaces during 2021 by installing over two lakh card-swipe machines during the year. This is part of the bank’s ‘Axis One’ strategy where it approaches the customers by offering its entire gamut of products instead of a standalone service.