The government is working with banks and international companies to ramp up point-of-sale (PoS) machines for cash transactions, Union Minister Piyush Goyal said today.
“We are certainly working with the banks and also with the international companies to see how we can ramp up PoS machines,” the Coal and Power Minister said here. He was speaking during ‘Digital Economy Forum 2016’.
He further said that personally he felt that six months down the road PoS would gradually become irrelevant and may be two years down the road a new PoS machine would not be even required. Read More…
Latest posts by Moneycontrol.com (see all)
- Comment – Which Way Will The Energy Prices Go? – January 18, 2018
- Indian Aluminium Industry Reeling Under Increased Production Costs Despite LME Upswing – January 18, 2018
- BHEL Hopes Karnataka Agrees To Buy Power So It Can Get Part Of NTPC Solar Tender – January 18, 2018