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Axis Bank has announced the launch of Swipeon, a mobile phone based card acceptance service in association with Prizm Payments and Mswipe Technologies. The service will convert any mobile phone into a card acceptance device by simply attaching the Mswipe card reader to the phone.
Jairam Sridharan, Head Consumer Lending & Payments, Axis Bank, said, "If India wants to move towards a cashless economy, it is imperative that small establishments, home...