Maturing of Indias PoS Terminal Market
Maturing of Indias PoS Terminal Market
Increasing Card-based Transactions Drive Growth
RELEASE DATE
18-Sep-2014
18-Sep-2014
REGION
South Asia, Middle East & North Africa
South Asia, Middle East & North Africa
Research Code: 9834-00-2C-00-00
SKU: ES00845-SA-MR_17390
$1,500.00
In stock
SKU
ES00845-SA-MR_17390
Description
As Indians were more accustomed to carrying out card-less payments, the move towards debit, credit, gift or food cards for carrying out different types of transactions has seen the growth of Point of Sale (POS) terminals in India. The country’s banking sector has been instrumental in the growth of the POS market. Banks are issuing debit cards to all account holders to encourage more card-based transactions. This has also worked in favour of consumers, who now need not carry a huge amount of cash and worry about losing it.
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Popular Topics
As Indians were more accustomed to carrying out card-less payments, the move towards debit, credit, gift or food cards for carrying out different types of transactions has seen the growth of Point of Sale (POS) terminals in India. The countrys banking sector has been instrumental in the growth of the POS market. Banks are issuing debit cards to all account holders to encourage more card-based transactions. This has also worked in favour of consumers, who now need not carry a huge amount of cash and worry about losing it.
No Index | Yes |
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Podcast | No |
Author | Sagarina Rai |
WIP Number | 9834-00-2C-00-00 |
Is Prebook | No |