Point-of-sales

The dynamics of in-store payments are fast changing, and this will impact retailing in a big way

The offline unorganised segment will drive merchant payment digitisation with QR codes and sound boxes - devices with speakers that display alerts for merchants when transactions are processed

Deployers of point-of-sale terminals are rethinking the way business is done

According to the Worldline India Digital Payments Report for Q1 2021, the new number likely reflects a more realistic number of the terminals deployed

Financial services firm sees 15% month-on-month growth in offline merchant payments

India has some 5.2 million PoS units, but a country of our size needs more, DEEPAK CHANDNANI, managing director, Worldline (South Asia and the Middle East), tells Raghu Mohan

It's important to note that unlike ATMs, the scheme is not advertised or visible to the general public

Retail payments fall 45%, card usage slips 57%

Phones have become 'smartphones', and TVs have become 'smart TVs'. Everything is becoming smarter, but we mostly have dumb terminals at merchant outlets, says Patel

RBI data shows at the end of March 31st 2015, SBI has had 2.96 lakh PoS terminals across country