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ATM SETTLEMENT
EPFO, ESIC subscribers may soon use claim amounts via e-wallets: Labour secyThe Employees' Provident Fund Organisation (EPFO) and Employees' State Insurance Corporation are exploring options for subscribers to acces...
EPF update: You may be able to withdraw PF from ATM soon, who can withdraw, how it will workPF Withdrawal through ATM: Members of EPFO may soon be able to withdraw funds from their EPF account directly from ATMs. The EPF system is ...
RBI directs banks to offer cardless cash withdrawal facility across all ATMsRBI had proposed to allow interoperability in cardless cash withdrawal transactions at all banks'ATMs using the UPI facility in its monetar...
RBI apprises on card-less cash withdrawal at ATMs: Here's all you need to knowWhile UPI will be utilised for customer authorization in such transactions, the National Financial Switch (NFS)/ATM networks would be used ...
Cardless cash withdrawal soon at all bank branches and ATMs via UPIThe Reserve Bank of India governor Shaktikanta Das on Friday proposed to make cardless cash withdrawal facility available across all banks ...
FSS Business Support Suite enables Philippines' BancNet to maximise billing and settlement efficienciesThe Business Support Suite is a full stack offering that consolidates operations such as partner management, fees computation, partner sett...
From UPI to cash, almost all payment modes see decline in MayThe National Payments Corporation of India’s UPI, IMPS and FASTag, and the Reserve Bank of India’s NEFT and RTGS, which is used by business...
100 banks join National Financial Switch network as direct membersNFS is the largest interoperable ATM network in the country and it manages more than 95 per cent of the domestic interbank ATM transactions.
RBI eases rules for white label ATM operatorsReserve Bank of India has made life easier for white label ATMs operators by removing a restriction on receiving cash supply from any bank ...
RuPay, India's own payment gateway, launchedICICI Bank, State Bank of India and Punjab National Bank, among others, are already using the gateway for clearing and settlement.
Pranab Mukherjee dedicates India's own payment gateway 'RuPay' to nationThe RuPay card is accepted at all ATMs (1.6 lakh plus), 95 per cent of PoS terminals (9.45 lakh plus) and most of the eCom merchants (about...
Muthoot Finance to set up 250 ATMs in next 3 monthsMuthoot Finance, a leading gold financing company, plans to set up 250 white label ATMs in the next three months.
- RBI allows Tata Comm subsidiary to set up white label ATMs
The Reserve Bank has allowed Tata Communications Payment Solutions, a subsidiary of Tata Communications, to set up and operate White Lable ...
- RBI allows non-bank entities with Rs 100 crore networth to own White Label ATMs
RBI has decided to allow non-bank entities with minimum net worth of Rs 100 crore to operate ATMs, essentially a banks' domain till date.
- No more switching charges for ATM customers: IDRBT
Hundreds of ATM customers will now get a relief, with the inter-bank connectivity services have been made free.
- Banks may pamper you with more ATMs in neighbourhood
You may soon be able to withdraw money or carry out other transactions from an Automated Teller Machine.
- RBI to allow pure white-label ATMs
You will soon find more ATMs at your neighbourhood as banks & outsourced cos team up for a major push.