Post on Medial

Indian Banks Are Shutting Down ATM Machines Because of UPI and Digital Payments 4000 ATM Machines Closed in Last 1 Year Cash Circulation in India is Still At All Time Record High of Over ₹34.70 Lakh Crore India Has Only 15 ATMs For 1 Lakh People

Unicorn startup idea :-An app that tells you which ATM has actually money Tell me will this work in India??

India won't beat china, if we don't become great at manufacturing The biggest barrier for this is quality manpower in factories, it is also the reason most "Made in India" products have the lowest quality.

💳 The Future of ATM Withdrawals: QR-Based and Cardless 💳 QR-based, cardless ATM withdrawals are shaking up the traditional cash experience! 📲 With just a scan, no physical card is required, making transactions faster, safer, and contact-free—perf

A story on ATMs - Total number of ATMs India had at the end of fy23 was 1.31 lakhs. These are standalone ATMs that aren't inside a bank's branch. This figure is about 1.5% more than last year. This tiny growth isn't driven by banks, but instead by

Why Banks are preferring UPI for ATM cash withdrawal instead of traditional Cards No Physical Card Production: Issuing debit cards costs banks money (around Rs 150-200 per card for production, shipping, and activation). UPI eliminates this by workin

Indian healthcare system is so fucked up. Most of the people viewing this post won't even understand the severity of it. Yeah, it's that bad 😞

Funding is not everything, kids. Reason why traditional business models work is b/c they're tried and tested. Don't bank your lives on bets that "might work out" which'll benefit someone else the most. Strong fundamentals always win.

If 90% People don't say to you that it's a Bad Idea and won't work. Then it actually is a Bad Idea.

[PART -1 ]UPI is set to phase out debit card, and we will be here witnessing it :- - UPI is to introduce a new feature "UPI Circle" that allows users to delegate payment authority to family members or friends. So it basically enables primary account