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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

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Laxit Rana

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Repute • 1m

Any business will try to squeeze out maximum profit, Banks are no different. but UPI is easier for users as well so. I guess it's win win situation for both sides assuming they don't start charging upi withdrawals.

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