Pos: Latest News and Updates, Top Stories, Videos, Photos About Pos

Pos News

Cash Withdrawals At POS Terminals Using Card/UPI Questions Answered

On Tuesday, the Reserve Bank of India (RBI) released a notification on Frequently Asked Questions (FAQs) on cash withdrawal facility at point of sale (PoS) terminals. The facility allows a bank account holder to walk into a shop and withdraw money ...

RBI Asks Banks To Extend Cash Withdrawal Facility At Merchant Establishments

In a notification on Thursday, the Reserve Bank of India (RBI) has asked banks to extend the cash withdrawal facility using debit cards/open loop prepaid cards at more merchant establishments. The central bank said that it had issued circulars in the ...

What Are Micro-ATMs?

As the name suggests these are a smaller version of full-fledged ATM machines and are in general found in mobile and distant locations. These enable basic services such as balance enquiry, cash withdrawal and deposits Features of Micro-ATMs These ATMs via ...

Are You An SBI Customer? Follow These Steps If Your A/c Is Wrongly Debited

Often we confront a situation wherein our bank account gets debited despite an unsuccessful transaction during money withdrawal at ATMs, or while making payment via point of sale at merchant retail outlets, or even during net banking transactions. And if you ...

At least 10 Card Payments Machines Required in Each Train: IRCTC

The Indian Railways (IRCTC) has issued instructions to all the railway zones across the country to ensure the availability of at least 10 POS (point of sale) machines on a single train to allow passengers to make bill payments on food purchased ...

You Can Now Pay For Your Train Meals With Your Card

You no longer have to worry about being overcharged by vendors during your train journey. With increased complaints from passengers about overcharging, the IRCTC has decided to introduce billing through Point of Sale (POS) devices onboard trains. Source: PIB...