HDFC Bank launches all-in-one PoS machine

HDFC Bank has launched an all-in-one offering, DigiPoS Machine that offers a complete suite of digital payment solutions announced on 22nd of Aug 2017. With DigiPoS, a merchant can use as many as 12 various digital payment options like UPI, Bharat QR, SMS Pay, PayZapp, Tap & Pay, EMIs in addition to debit/credit card swiping. The merchant has to do is to update his/her machine with a software at no cost. The new software will work only on HDFC Bank-issued PoS machines, but will accept any card or app from any bank/service provider. The upgraded device will also allow merchants to offer equated monthly instalment (EMI)-based payments using HDFC Bank credit and debit cards.