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[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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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 โน34.70 Lakh Crore India Has Only 15 ATMs For 1 Lakh People
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How ATMs Make Money โ Let's Find Out! ๐ค๐ธ 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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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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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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Today, franchising has become a business strategy.But in most of the cases, the businessman who takes the franchise feels cheated even after investing a good amount of money. Companies make big claims but after taking a good amount of money in the
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