People are no longer using the POS owners' services, even if the majority of the machines aren't giving out large amounts of money—possibly to discourage individuals who sell cash. Ifeoma ...

The PIDF Scheme was operationalised by the RBI in January 2021 to incentivise deployment of Point of Sale machines(PoS), mPoS (mobile PoS), Quick Response (QR) codes in tier-3 to tier-6 centres ...

Since then, the bank has been at the forefront of driving financial inclusion through its POS machines ... is open to all merchants except Cash and Money Transfer Agents. Merchants and businesses ...

(Image: PTI) Over 2,20,000 of the country’s 5,27,000 ration shops have electronic point of sale or e-PoS machines that are used to check the identity of ration-card owners — that’s 42.3% of ...