For international withdrawals (per transaction) whether debit/ credit card, the cost recovery will be exact ... is a call to duty by operators of PoS machines to increase their charges.

The initial cost of POS systems can range from free to up to ... The payment processor’s gateway includes machine-learning fraud detection tools to prevent unauthorized transactions.

Moreover, in some cases, the cloud approach is more cost-effective ... artificial intelligence (AI) and machine learning (ML) have significantly transformed POS systems in retail and hospitality.

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 ...

All PoS terminals or machines launched after July 1 will be Aadhaar-enabled and the existing terminals will be upgraded to the same in a year’s time. Demonetisation has catapulted the shift from ...

has announced an upward review of automated teller machine (ATM) withdrawal charges, a decision that has raised concerns about potential hikes in Point of Sale (PoS) service fees. According to a ...