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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Razorpay’s acquisition of card terminal startup Ezetap and Pine Labs’s payment gateway launch signal a turf war.
Editor's note: The humble point-of-sale machine has come a long way over the past few years. From a device that scanned credit and debit cards, the modern version has a touchscreen and can process multiple modes of payment, offer credit and even consolidate bills for a retailer. A decade ago, retailers would have to shell out anywhere between Rs 10,000 and Rs 15,000 to buy a PoS machine and pay a few thousand rupees as maintenance charges. Similarly, online businesses would have to wait weeks for their banks to approve a payment gateway service on their website. The costs of setting up a payments channel, be it a PoS device or a payment page, have reduced by a large extent. Today, you can buy a PoS machine for as little as Rs 2,500 or set up a card-accepting app on your mobile phone within minutes. If you are an online business, it takes only a few minutes to sign up for a payments aggregator service and your website can start accepting money within hours. Besides, an aggregator can bundle a bunch of …
Europe’s largest fintech firm has its sights set on the Emirates. What can we expect?
While the payments company saw its first full year of profitability in FY26, the real progress will depend on whether it can continue to prove that it’s more than a POS company.
The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
