GTBank's zero processing fee on all its POS terminals supports small businesses and merchants and is a cost-effective way to run a seamless business operation. Guarantee Trust Bank (GTBank) was one of ...

I am sure many of us have had that sinking feeling when we are at the ATM and slot in our cards, only to be met with an “unable to dispense cash” after setting up a debit transaction. To worsen this ...

Private sector bank YES Bank has announced a partnership with digital payments platform, Lastmile.mobi to launch IRIS EMV PoS (point of sale). The deal comes close on the heels of an RBI Circular ...

In banking, convenience and security are crucial in securing customers’ trust and satisfaction. But, sadly, these key elements are eluding customers, as banks are phasing out Automated Teller Machine ...

One of the world’s leading payments player Mastercard has inked an agreement with Axis Bank and French payments service provider Worldline to convert smartphones into point of sale (PoS) devices. With ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In an unusual step for a bank, CBA teamed up with German tech ...

The CBN has new instructions for PoS machines of banks and also fintech companies to tackle fraud One of the new changes is geo-tagging, which means that POS machines outside their registered location ...

CBN has ordered fintechs and banks to ensure that their PoS terminals have GPS tracking before the deadline This is part of the apex bank's efforts to tighten oversight of electronic transactions amid ...