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 See More
Rishu
•
Medial • 8h
But do you think debit cards completely dying off would be a good thing? Banks will do whatever to increase margins.
Laxit Rana
•
Repute • 7h
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.