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Dinakar

Nobody • 1y

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

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5 replies8 likes
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OMPRAKASH SINGH

Founder of Writo Edu... • 5m

How ATMs Make Money – Let's Find Out! 🤑💸 1. Transaction Fees: When you withdraw money from an ATM, you are charged a certain fee. This fee goes to the ATM operator and is a significant source of their income. 2. Balance Inquiry Fees: Checking yo

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6 replies7 likes
1

gray man

I'm just a normal gu... • 29d

The Reserve Bank of India has directed banks to ensure that ATMs dispense ₹100 and ₹200 notes. This move aims to make these widely used denominations more accessible to the public.

0 replies7 likes
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Laxit Rana

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Repute • 8m

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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6 replies12 likes
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Hawk

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Medial • 7m

😂🤣 Spam: State bank of India calling through a private number informing me that press 9 else all my accounts from all the banks under my name will be closed 🤣😂

5 replies13 likes
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Eliphaz Yesudas

Helping SaaS and B2C... • 6d

i have an idea of building an app that can show the balance in the ATM(with some extra features ) , so users can go to the ATM that has enough money for the user (used needs ) . my question is 1. is it relevant in this digitalization world where

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4 replies9 likes
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Chamarti Sreekar

Passionate about Pos... • 1m

For those wondering why ATMs are being installed on trains — here’s the real reason: the TCs prefer cash not UPI There’s a bigger game plan at work here. It’s a masterstroke under Modi’s Guarantee to boost employment: 1. Security guards to protect

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0 replies7 likes
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Chamarti Sreekar

Passionate about Pos... • 4m

Apple has reached over ₹1 lakh crore in iPhone exports from India in 2024. iPhone exports from India. 2023: $9 billion 2024: $12.8 billion

3 replies24 likes
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Anonymous
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How much would you spend on building an MVP app in India? 💡 1. Less than ₹1 lakh 2. ₹1-3 lakhs 3. ₹3-6 lakhs 4. ₹6 lakhs+ What’s your take? Share your thoughts! 👇

4 replies3 likes
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Laxit Rana

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Repute • 8m

[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

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2 replies9 likes

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