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Hitachi Payment Services. Introducing UPI ATM on Android by Hitachi Payment Services in India - a groundbreaking innovation redefining cash access. Experience secure and convenient QR-based UPI cash withdrawals, bridging the digital and cash worlds with a single touch.
- Hitachi Payment Services launches first ever UPI-ATM.
Mumbai, September 05, 2023: Hitachi Payment Services,...
- Hitachi Payment Services launches first ever UPI-ATM.
Sep 7, 2023 · UPI ATM is a new card-less cash withdrawal service brought by Hitachi Payments in collaboration with NPCI. A UPI ATM machine allows cash withdrawal upon successful validation of a UPI PIN as compared to a card PIN in a normal ATM. Customers can withdraw cash from as little amount as Rs.100.
- UPI ATM launched on September 5th in Mumbai in the Global Fintech Fest 4th edition.
- UPI ATM is launched by Hitachi Payments and currently has some banks live including SBI, Canara, PNB, HSBC, BOB, Central Bank of India, and Kotak M...
- An ATM card or debit card isn’t necessary for you to withdraw money using UPI ATM
- Visit your nearest UPI ATM, and select “Cardless Cash Withdrawal” to withdraw money from UPI ATM without using your debit card
- RBI had announced in 2022 to allow interoperable cardless cash withdrawals from all bank ATMs.
- Yes, you can use Gpay at a UPI-enabled ATM along with other UPI Apps such as Phonepe, Paytm, BHIM UPI, etc.
- To withdraw money from a UPI ATM, visit the machine, select "UPI Cardless Cash," choose your withdrawal amount, scan the QR Code on the screen usin...
- There are no charges for withdrawing money from a UPI ATM. However, after a certain number of withdrawals, your bank might levy certain charges.
Hitachi Money Spot UPI ATM seamlessly integrates the convenience and security of UPI into ATMs. Provides quick access to cash even in regions with limited traditional banking infrastructure and low card penetration, thus facilitating financial inclusion.
Sep 5, 2023 · The Hitachi Money Spot UPI ATM is built on Android operating systems and brings in significant possibilities of transitioning from the legacy architecture of transaction processing and ATM management to offering solutions in line with evolving technology. We believe the UPI ATM is a major milestone in the banking landscape."
- Raghav Aggarwal
Sep 8, 2023 · Touted as Hitachi Money Spot UPI ATM, it allows customers to withdraw cash without using a debit or credit card. Photo: Bloomberg. BS Web Team New Delhi. 2 min read Last Updated : Sep 08 2023 | 8:51 AM IST. Listen to This Article.
Sep 5, 2023 · Hitachi Payment Services introduces UPI-ATM, 1st of its kind in India, offering secure, card-less cash withdrawals. It drives financial inclusion by facilitating easy access to banking...
People also ask
What is Hitachi payments UPI ATM?
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