Page 2 - Debit Card Payment

Pine Labs launches AllTap app to turn phone into payment acceptance device

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

The zero MDR has affected the PoS business: Worldline's Deepak Chandnani

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

India's a digital payments hotspot

With social distancing becoming the new norm, there is a behavioural shift across all consumer categories

Covid-19 crisis: Payments fall 46% in April; ATM cash withdrawal declines

Retail payments fall 45%, card usage slips 57%

Now, switch on/off your card for online payment, set transaction limits

Facilities can be activated only when the customer specifically requests for it

Some banks begin levying MDR charges on debit card payments

Some banks have also extended free-of-charge withdrawals from ATMs till March 31