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What is UPI ATM? FAQs...

India’s “first UPI-only ATM”: Hitachi Payment...

What is UPI ATM? FAQs on how to withdraw money from new UPI-only ATM answered

India’s “first UPI-only ATM”: Hitachi Payment Services, a subsidiary of Japan's Hitachi, has introduced a White Label ATM (WLA) in collaboration with the National Payments Corporation of India (NPCI), known as the Hitachi Money Spot UPI ATM. This ATM enables cash withdrawals without the use of debit or credit cards, according to an ET report.Unveiled at the Global Fintech Fest 2023 in Mumbai on September 5, 2023, this UPI-ATM marks a shift in conventional banking practices. With its expansion to various locations, the necessity of carrying physical cards...

Karl Jörg - September 6, 2023

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What is UPI...

India’s “first UPI-only ATM”: Hitachi Payment Services, a subsidiary of Japan's Hitachi, has introduced a White Label ATM (WLA) in collaboration with the...

Karl Jörg - September 6, 2023

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