Oct. 11, 2021

How Aadhaar Empower Cashless Payment And Financial Inclusion In India

The Aadhaar enables Indian citizens to easily and accurately prove their identity and access to financial inclusion or cashless payment services as their bank account will link to Aadhaar. The AEPS allows Aadhaar cardholders to make a financial transaction through their Aadhaar-based devices.

Jul. 06, 2021

What is Micro ATM? What Do You Know About It?

Micro ATM is basically a mini ATM that allows customers to swipe their debit cards for daily transactions. It works like the handheld point of sale (POS) terminals which can be specifically used to disburse cash in remote locations or rural areas of the country. With the portable characteristic, banks can easily connect with their core banking syst

Jul. 01, 2021

Aadhaar Biometric Device Avail India Social Welfare Scheme

To reduce the impact of unemployment caused by COVID-19, India is planning to promote social welfare scheme, including the unemployment benefit. Recently, the Labour Ministry of India announced that people who seek benefits under the new social security code will be mandated to share their Aadhaar details.

Jun. 28, 2021

Digital Currency Is Coming, Will POS Terminal Be Replaced?

Today, cryptocurrency Bitcoin the most widely-used form of digital currency. It mainly uses technologies such as smartphones, credit cards to make exchanges with online cryptocurrency. In some cases, it can be transferred into physical cash, for example by withdrawing cash from an ATM.

Jun. 23, 2021

How To Choose An Appropriate Mobile Ordering POS?

Mobile ordering is the process of ordering food or other items via ordering mobile POS, tablet, mobile phone, or other mobile devices. Mobile ordering can be called a mobile ordering system, online ordering, and digital ordering. Mobile ordering involves a system where restaurants, kitchens, and takeout can accept orders and payments from a distanc