Prizm Payments Issues New Swipe Reader for Businesses in India

By  |  July 9, 2012
 | 

India’s Prizm Payments is set to launch its own mobile payment acceptance reader, targeting small and medium-sized businesses in its home market, TechCrunch reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The firm already has a substantial presence in the Indian payments market: it expects to process $50 billion in transactions this year, up from $35 billion a year ago; and manages 30,000 point-of-sale terminals and 10,000 ATMs across India.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    And use of Prizm’s dongle won’t be limited to smartphone owners; the hardware will reportedly also work with feature phones as well, which are much more popular in India.

    Read the full story here.

    See More In: