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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
Medialย โขย 6m
But do you think debit cards completely dying off would be a good thing? Banks will do whatever to increase margins.
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.
Banks are historically greedier is what Iโm saying. Upi withdrawals toh nahi but for merchants to receive, they might. That might affect/or change the game completely, as thereโs no scaling back, right? Remember, most kiranas didnโt feel the need to
Complete eradication won't be there, well atleast in the near future. but I agree with all the points you have mentioned ๐ค
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I wrote a self help book, maybe some people won't agree with the points given in the book, would anybody like to give it a try? ๐ let me know!
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Someone mentioned jimmy zhong and his bitcoin play. Well here you go, the full story!
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Office temperature: where the AC wars begin and end. The ideal setting? Well, if we could all agree, we'd be running for office! #onalighternote
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