How UPI is changing the future of point of sales terminals

That Unified Payments Interface (UPI), India’s smartphone-based payments mechanism, is grabbing a lion’s share of the country’s digital consumer payments market is known. Also known is that it pushed the usage of cards in merchant payments to the sidelines over the last two years. What is not so well known is that these days, even point of sales (PoS) terminals where these cards are swiped, have been seeing a slowdown in growth. According to