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UPI: New PoS deployment grows at slowest pace since demonetisation: RBI data

Industry insiders told us that while new PoS terminals are still being deployed, its mostly in organised and large format retail, which offer all payment forms. However, grocery shops, smaller stores and eateries are tilting towards QR code-based UPI transactions. ....

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worldline: Worldline starts its own merchant acquisition in India

French payment company has been offering digital payment services in India for years, but only on behalf of banking partners. But now it intends to acquire its own merchants for both online and offline payments. ....

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New India CEO to cut Byju's down to size; eGaming cos term GST demand "retrospective"

Byjus new India CEO is setting about cleaning house with no stone unturned. Within a week of taking over, Arjun Mohan is planning to merge verticals and prune staff strength by a third – thats over a whopping 4,500 jobs - to rein in costs. This and more in todays ETtech Morning Dispatch. ....

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