https://www.moneycontrol.com/news/business/announcements/phonepe-enters-pos-device-market-to-take-on-pine-labs-paytm-and-razorpay-10914221.html
The PoS device market is presently dominated by players like Pine Labs, Razorpay and Paytm. As per RBI's data available as of May 2023, there are around 79 lakh PoS devices across India.
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