Axis Bank, the third largest private sector bank, now has over 2 lakh point-of-sale terminals.
The bank’s PoS network is present across major segments such as departmental stores, pharmacies, super and hyper markets, jewellers, hotels, retail fashion, hospitals, education institutions, government utility payments, insurance, dining and fuel pumps in over 692 cities, said a bank press release.
Earlier, Axis Bank launched Dynamic Currency Convertor which offers the flexibility to international cardholders to pay in their local currency. It has already introduced cash withdrawal facility on the PoS network, said the release.