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Boat Smartwatches in India Get Tap and Pay Functionality in Collaboration With Mastercard
Boat smartwatch users will now be able to use tap and pay functionality at eligible point-of-sale (POS) terminals in India, following an announcement made at the Global Fintech Fest (GFF) 2024 on Friday (August 30). For this move, the Indian smart wearable brand is partnering with Mastercard, enabling payment services on credit and debit cards from...
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NPCI Brings QR Code-Based UPI Payments to UAE in Partnership With Network International
QR-based Unified Payments Interface (UPI) payments will now be accepted in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL) announced via a press release on Wednesday. To facilitate this move, the organisation is partnering with Network International and UPI payments can be made via its over 2,00,000 point-of-sale (POS) te...
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Samsung Galaxy Watch 6 Series Offers Tap to Pay Feature in India for Contactless Payments
Samsung Galaxy Watch 6 series supports the Near Field Communication (NFC) based Tap to Pay feature in India. This functionality allows users to make payments directly from their wrists without using a smartphone. Once enabled, users can bring their smartwatch close to a point-of-sale (PoS) terminal and money will be deducted automatically from the ...
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Google Pay Adds Tap to Pay for UPI Transactions in Partnership With Pine Labs
Google Pay on Wednesday introduced Tap to Pay for UPI by partnering with Pine Labs. The new offering allows users to make UPI payments via Google Pay by tapping their phones directly on a supported PoS terminal.
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Samsung, Mastercard Announce Biometric Card With Fingerprint Scanner for Secure Transactions
Samsung and Mastercard have announced they are jointly developing fingerprint scanning-enabled cards to make payments more secure in the future. The technology is similar to what Mastercard showcased a few years ago.
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Paytm Tap Card Launched, Allows Offline Payments in Less Than a Second
The Paytm Tap Card uses enables digital payments with the help of NFC, completely offline at Paytm-issued PoS terminals in under a second.
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Cash Is Culture in India, but It’s Not Going to Be the Future
Even though digital payments have dropped post the demonetisation surge, cash is not going to remain king in India, says Infosys Finacle’s Senior Vice President and Regional Head, Venkatramana Gosavi.
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How a New Range of mPOS Systems Is Shaping India’s Payments Ecosystem
We're moving on from large PoS machines in shops to small devices that the deliveryman and the local paanwalla also have.
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No Service Tax on Credit, Debit Card Transactions Up to Rs. 2,000
The service tax waiver on transactions less than Rs. 2,000 made using credit, debit and other cards is likely to promote cashless payments.
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MasterCard, Pine Labs Aim to Add 26,000 Contactless POS in India in a Year
With this, merchants across quick-service restaurants, retail stores, cinemas and supermarkets will be able to offer contactless terminals as an alternative method of payment.
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Paytm 'App POS' Lets Merchants Use App to Accept Card Payments
Paytm's app now works as a POS terminal for small merchants - but the process is manual and cumbersome for now.
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'Dexter' trojan affecting PoS terminals in India, steals card information
The trojan is also said to be in the Indian online banking transactions space.
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Adopt Aadhaar authentication for card-based transactions: RBI
In order to ensure security in card- based payment transactions taking place at point of sale (POS) terminals or at ATMs, the Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
-
Boat Smartwatches in India Get Tap and Pay Functionality in Collaboration With Mastercard
Boat smartwatch users will now be able to use tap and pay functionality at eligible point-of-sale (POS) terminals in India, following an announcement made at the Global Fintech Fest (GFF) 2024 on Friday (August 30). For this move, the Indian smart wearable brand is partnering with Mastercard, enabling payment services on credit and debit cards from...
-
NPCI Brings QR Code-Based UPI Payments to UAE in Partnership With Network International
QR-based Unified Payments Interface (UPI) payments will now be accepted in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL) announced via a press release on Wednesday. To facilitate this move, the organisation is partnering with Network International and UPI payments can be made via its over 2,00,000 point-of-sale (POS) te...
-
Samsung Galaxy Watch 6 Series Offers Tap to Pay Feature in India for Contactless Payments
Samsung Galaxy Watch 6 series supports the Near Field Communication (NFC) based Tap to Pay feature in India. This functionality allows users to make payments directly from their wrists without using a smartphone. Once enabled, users can bring their smartwatch close to a point-of-sale (PoS) terminal and money will be deducted automatically from the ...
-
Google Pay Adds Tap to Pay for UPI Transactions in Partnership With Pine Labs
Google Pay on Wednesday introduced Tap to Pay for UPI by partnering with Pine Labs. The new offering allows users to make UPI payments via Google Pay by tapping their phones directly on a supported PoS terminal.
-
Samsung, Mastercard Announce Biometric Card With Fingerprint Scanner for Secure Transactions
Samsung and Mastercard have announced they are jointly developing fingerprint scanning-enabled cards to make payments more secure in the future. The technology is similar to what Mastercard showcased a few years ago.
-
Paytm Tap Card Launched, Allows Offline Payments in Less Than a Second
The Paytm Tap Card uses enables digital payments with the help of NFC, completely offline at Paytm-issued PoS terminals in under a second.
-
Cash Is Culture in India, but It’s Not Going to Be the Future
Even though digital payments have dropped post the demonetisation surge, cash is not going to remain king in India, says Infosys Finacle’s Senior Vice President and Regional Head, Venkatramana Gosavi.
-
How a New Range of mPOS Systems Is Shaping India’s Payments Ecosystem
We're moving on from large PoS machines in shops to small devices that the deliveryman and the local paanwalla also have.
-
No Service Tax on Credit, Debit Card Transactions Up to Rs. 2,000
The service tax waiver on transactions less than Rs. 2,000 made using credit, debit and other cards is likely to promote cashless payments.
-
MasterCard, Pine Labs Aim to Add 26,000 Contactless POS in India in a Year
With this, merchants across quick-service restaurants, retail stores, cinemas and supermarkets will be able to offer contactless terminals as an alternative method of payment.
-
Paytm 'App POS' Lets Merchants Use App to Accept Card Payments
Paytm's app now works as a POS terminal for small merchants - but the process is manual and cumbersome for now.
-
'Dexter' trojan affecting PoS terminals in India, steals card information
The trojan is also said to be in the Indian online banking transactions space.
-
Adopt Aadhaar authentication for card-based transactions: RBI
In order to ensure security in card- based payment transactions taking place at point of sale (POS) terminals or at ATMs, the Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
