Digital payments on debit are rising inexorably, but that doesn’t mean banks can’t leverage their strengths in ATM deployment. Debit cards are incredibly versatile. What started as a device for ...

Cash usage in the hinterland continues to trump digital modes of payments, as evidenced by the rising value of transactions made through micro ATMs. In June, the value of cash withdrawn and deposited ...

The number of point of sale (PoS) terminals has increased by 18.6 percent in Q1 FY19 compared to Q1 FY18, while the number of automatic teller machines (ATMs) remained stable, a Digital Payments ...

Six months after the demonetisation exercise got over, cash withdrawals from automated teller machines have been steadily rising, latest data released by Reserve Bank of India shows. At the same time, ...

The daily cash, transaction restrictions and annual subscription fees for RuPay cards vary between banks. (Photo: Pixabay) New Delhi: You use your debit card almost daily, but have you ever thought ...

The limit on cash withdrawal through debit cards at PoS devices is up to ₹1,000 per day in Tier-I The Reserve Bank of India has asked banks to extend the facility of cash withdrawal through debit ...

In order to safeguard interests of bank account holders, the Reserve Bank of India (RBI) has asked banks to clip some features while issuing new cards. These features will have to be enabled by the ...