Point of sale Current Affairs, GK & News

RuPay Contactless (Offline) feature

National Payments Corporation of India (NPCI) has recently rolled out RuPay Contactless (Offline) feature. The RuPay prepaid card was introduced by NPCI in the year 2014, to offer the feature of one card for all payments. Various features are being added to the card since then. Key Features of RuPay Contactless The new feature called ..




Paytm launches POS device for smaller merchants

Leading Indian fin-tech start-up company Paytm has recently launched a point-of-sale (POS) device for smaller merchants. The device would accept payments through cash, Paytm wallet, debit and credit cards and Unified Payments Interface (UPI) apps. It is an android-based all-in-one device, which will help the smaller merchants, road-side shop-keepers in handling digital money. Good and ..


SBI launches contactless mobile phone payments facility

The SBI Card has  launched the ‘SBI Card Pay’ that allows contactless payment using mobile phones at PoS terminals. Using SBI Card Pay, customers can make contactless payments at Near Field Communication (NFC) enabled point of sale terminals with just one tap of their mobiles, without using the physical credit card or entering any PIN. ..


Induslnd Bank launchs India’s first interactive credit card with buttons

Induslnd Bank has recently launched the India’s first interactive credit card with buttons called the IndusInd Bank Nexxt Credit Card. The card provides customers with the flexibility of 3 payment options at a Point of Sale (POS) terminal – credit, converting transactions into EMIs with 4 tenure options (6, 12, 18 and 24 months) or ..