RBI Introduces UPI Cash Deposits At ATMs, No Debit Card Needed
31 Aug 2024
The Reserve Bank of India (RBI) has introduced a new feature allowing cash deposits at ATMs via Unified Payments Interface (UPI), eliminating the need for physical debit cards. This UPI Interoperable Cash Deposit (UPI-ICD) service was launched by Deputy Governor T. Rabi Sankar at the Global Fintech Fest 2024 in...
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