Card-less Cash Withdrawal At ATMs Of All Banks Soon: RBI
In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs.
Source: ndtv.com
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Cardless cash withdrawal to be available at all bank ATMs via UPI; here's how it works
Cardless cash withdrawal to be available at all bank ATMs via UPI; here's how it works
Source: freepressjournal.in
2020 in review: Big policy initiatives in digital payments that could shape lives in 2021 and beyond- Technology News, Firstpost
percent in volume (approx. 5.93 to 34.35 billion transactions) and value (approx. Rs.920.38 to Rs.1,623.05 trillion) respectively over the last five years (March ‘15-’20). The RBI’s persistent steps furthering digital payments have supported last year’s challenges and forced wide-spread digitization. The key initiatives last year, and their impact in the new year, are looked at here. 1. The changing face of UPI- Zero MDR, new revenue streams and the 30% cap Last year started with zero MDR's implementation, changing UPI’s revenue potential and converting a previously incentive-ba...
Source: firstpost.com