Post Tagged with: "Cashless payments"

MPOS Transaction Value To Cross $1.9 Tn By 2024

MPOS Transaction Value To Cross $1.9 Tn By 2024

December 2, 2019 at 1:19 pm 0 comments

New data from Juniper Research forecasts that mPOS transaction (mobile point of sale) values will exceed $1.9 trillion by 2024, up from $850 billion in 2019. This growth will be driven by service adoption from new business users, including pop-up stores and street vendors, for whom the acceptance of cardRead More

Oxigen Receives RBI Approval For Cashless Payments

Oxigen Receives RBI Approval For Cashless Payments

May 17, 2016 at 5:47 am 0 comments

The Reserve Bank of India (RBI) has given approval to Oxigen to setup Bharat Bill Payments Operating Unit (BBPOU) for cashless payments. This comes under the Bharat Bill Payments Systems (BBPS) commissioned by the National Payment Corporation of India (NPCI); in order to disrupt the traditional cash based economy andRead More