POS machines of SBI,point of sale
State Bank of India may use POS terminals for utility bill
payments
The State Bank of India is evaluating the prospects of
utilising the point of sale (POS) terminals installed at merchant establishments to accept remittances towards
utility bills.
Even while working towards a string of services on the terminals, the bank is also working on deploying its POS terminals at more commercial establishments.
Right now there are 30,000 POS machines of SBI and we want to take this to one lakh by March-end,” he said.
The focus would be on taking the POS terminals across the country and into semiurban and rural areas as well.
Even while working towards a string of services on the terminals, the bank is also working on deploying its POS terminals at more commercial establishments.
Right now there are 30,000 POS machines of SBI and we want to take this to one lakh by March-end,” he said.
The focus would be on taking the POS terminals across the country and into semiurban and rural areas as well.
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