BharatPe, India's largest merchant payments company, today announced that it has recorded the fastest ever scale up on POS in the industry. BharatPe’s POS business has grown to $2 billion annualized transaction value in just 3 months post the launch. The company announced that its POS business now contributes to 25 per cent of the annualized transaction value. The company currently offers this product in 10 cities of the country and plans to ramp it up to 40 cities by the end of the current fiscal year. It has set a target of US$ 5 billion POS annualized transaction value from the POS business by end of FY21.from IndiaTV Business: Google News Feed https://ift.tt/36b2mpg
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