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ATM WITHDRAWAL TRENDS
Travel, insurance take over 60% of discretionary spend, shows CMS reportTravel and insurance are becoming top priorities for Indian consumers, signaling a new era in discretionary spending. Essentials and lifest...- Cash withdrawals from ATMs decline in 2025, says reportATM cash withdrawals saw a dip in 2025. However, people took out more money per transaction. CMS Info Systems reported this trend. Digital ...
- A Step-by-Step Guide: How to Convert Bitcoin & crypto to CashLearn how to convert Bitcoin and crypto to cash. Explore methods like exchanges, P2P platforms, and Bitcoin ATMs for easy BTC to INR conver...
- India's cash withdrawals from ATMs increase by 5.51% in FY24, CMS Infosystems report showsA report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This grow...
- No GPay, No stop for ATM: Chennai auto driver's rules go viral on XA user, identified as No Context Suveeshared her experience on X (formerly Twitter). She posted a picture of the auto's interior with the m...
- Currency in circulation hits Rs 29 lakh crore on 2nd waveAccording to Reserve Bank of India (RBI) data, currency with the public has risen to Rs 29,07,067 crore as of April 23, 2021 — an increase ...
- Cash still king, average withdrawal from ATM hits record high of Rs 5,000While cash withdrawals have rose around 10% since last November, UPI payments have shot up by close to 20% during the period to an average ...
- Debit card PoS swipes rise 27% as per RBI dataRBI numbers for March 2019 shows ATM withdrawals growing at a slower pace of 15%
- What caused the sudden cash crunch, and what are the lessons for policymakersWhy did the cash crunch happen? Could it have been prevented? What are the lessons for policymakers? ET answers these key questions here.
- Acute withdrawal symptoms amid cash and carry ahead of electionsIn other parts of the country, the cash crunch was not as severe as in the South, where two more states — Andhra Pradesh and Telangana — fa...
- Third-party ATM use up as banks install few machinesBefore demonetisation, an average 40% of customers used other banks' ATMs for cash withdrawal.Now, the number has shot up to almost 55%.
- Spurt in digital transactions dents ATM growthEven the use of debit card on ATMs has seen a significant fall between October last year and April this year. Banks recorded 800 crore debi...
- ATMs go dry on demand-supply mismatchWithdrawals at pre-demonetisation levels as customers revert to cash payments; ATM operators say only 50% of their currency demand being me...
- Dispensing of fake notes from ATMs are an exception: RBI's GandhiThe foreign portfolio investors (FPIs) have net invested around Rs 6,000 crore in February reversing a four-month old selling trend.
- Banking data breach increases people's distrust on plastic transactionsThe recent hacking of India's banking system that affected 3.2 million debit cards has led many to not use plastic or even engage in electr...
- Surge in cases of cyber frauds; accnts breachedATMs were the most favourite technology tools used by the rogues for instantly encashing the fraudulent transactions.
- ATMs new gateways for terror funding and money launderingWithdrawals from ATMs reduce the chances of detection of terror agents by police and intelligence agencies, the official said.
- Free access: Banks may consolidate ATM opsAs access to ATMs has become free from April 1 (no extra fees for using ATMs of other banks), many banks may look at consolidation of their...
- For fraudsters, ATM is indeed all time money!Not just net banking and credit cards, even ATMs are emerging as soft targets with fraudsters constantly evolving their techniques. Weekend...
- Now, withdraw cash from ATM without cardNCR, a global selfservice technology major, has developed an interactive technology for cash withdrawals without an ATM card. Smart ways to...
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