SBI

SBI plans to roll out 600,000 points of sale

In order to foray into merchant acquiring business (MAB), State Bank of India plans to set up 600,000 point of sale (PoS) terminals, which is at least 27 per cent more than the 473,000 PoS terminals operating across the country currently. SBI proposed to roll out 6,00,000 machines over five years and it plans to [...]