POS business grew to $4 billion annualised transaction value, deployed over 1.25 lakh machines: BharatPe
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BharatPe has ramped up the reach of its POS business by 25X to over 250 cities in the last 12 months and since the launch in the second half of 2020, the company has deployed more than 1.25 lakh BharatSwipe machines across offline shops, it added.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3u2fkBN
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The Tamil Nadu-based bank's Managing Director and CEO S Krishnan who recently assumed office said retail, agriculture and micro, small and medium enterprises (RAM) segments would be the focus areas as this vertical comprises 88 per cent of the bank's exposure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Iak2dgJ via IFTTT
Paytm Payments Bank, a niche bank that cannot lend on its own, had more than 64 million savings accounts and over 52 billion Indian rupees ($688.5 million) deposits, including savings accounts, current accounts and fixed deposits with partner banks at the end of March this year. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3pJr1JN via IFTTT
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