CURRENT AFFAIRS

Detailed explanation-1: -Karnataka Bank launched WisePOSGo - a POS device (Point of Sales swiping machine) that processes business payments, in collaboration with Mswipe Technologies for the Bank’s merchant customers.

Detailed explanation-2: -UPSC Mains. Q. Which bank has launched ‘WisePOSGo’ in collaboration with Mswipe Technologies Pvt Ltd? Notes: Karnataka Bank, in collaboration with Mswipe Technologies Pvt Ltd, has launched ‘WisePOSGo’ - a PoS (point-of-sales) device that processes business payments - for the bank’s merchant customers.

Detailed explanation-3: -It is an all-in-one swiping machine Karnataka Bank in collaboration with Mswipe Technologies Pvt., Ltd., on Wednesday launched WisePOSGo – a point of sales (POS) device that processes business payments of its merchant customers.

Detailed explanation-4: -The SBI POS terminals are ultra-secure and protect you from theft. It works seamlessly for merchants, thus, boosting their sales and increasing the profits and productivity. State Bank of India is one of the oldest and most trusted bank of India and is known for its best services.

Detailed explanation-5: -POS Terminal offered by Union Bank of India stands as one of the best options, there are few things to keep in mind before opting the option. The facility is available only for a merchant with active current account and business with Card over 50, 000 per month.