POS terminals are a combination of hardware and software, which allows users to accept card payments directly without updating the cash registers. The cost of installing a terminal vary with the size of the business unit and selling terms with the channel partners and supplier ..."
Mobile wallets are electronic accounts, which can be maintained on cellphones. They help account holders make bill payments or online purchases. They are a revolutionary trend in the Digital Payments industry and are based on NFC technology. The increased adoption of smartphones, ..."
IBI's mobile payment report, "Technology and Mobile Payment Service Providers Landscape in India" gives an overview of the non banking ecosystem in India and describes the evolution of the ecosystem; covers key participants including the technology developers, technology service ..."