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‘WisePOSGo’ POS Device

Published on September 09, 2021
Current Context: The Karnataka Bank launched the POS device (Point of Sales swiping machine) which is a Phone + PoS machine.
‘WisePOSGo’ POS Device
  • The POS device is named ‘WisePOSGo’.
  • The ‘WisePOSGo’ is launched in partnership with Mswipe Technologies Pvt Ltd.
  • The ‘WisePOSGo’ is a one-step forward by Karnataka Bank in the direction of the digital payment infrastructure of India.
  • It will help to promote cashless transactions in India.
  • It is a compact, lightweight, and user-friendly device through which merchants can also make calls.
  • It is designed by keeping in view the cost-centric requirements of the merchants.
  • It provides payment support through contactless payment, mobile phone, QR code, pay by link, magstripe, and barcode scanner.
  • Static Part: 
    • HQ of Karnataka Bank: Mangalore
    • CEO of Karnataka Bank: Mahabaleshwara M. S


Q.1 Which bank launched ‘WisePOSGo’ which is a POS device in partnership with Mswipe Technologies Pvt Ltd?
a. Bank of Baroda
b. Yes Bank
c. UCO Bank
d. Karnataka Bank
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