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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

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

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

Ethenol product company startup. Mostly next generation not use petrol, diesel. But use to low cost fuel. Ex. Battery 🔋,ethenol #petrol High cost per litre -98/96 $ #desel High cost per litre - 91/ $ All most teaching per litre 100 rupees So many

I recently made a series on topic discord make around 18k in 5 days, now similarly I'm trying teespring and checking if I can earn from it or not....do someone have more crazy ideas like this to try...which even require skills...but still are easy to

I'm baffled how namma yatri makes money? Considering a driver takes on average 10 trips a day that's 2.5 Rs per trip One drop location search can cost from 0.6 to 1.5 Rs and 50% of searches never make a trip. If they use accurate ETA for matching

Mobile phone bills are set to increase as Reliance Jio and Bharti Airtel have announced significant tariff hikes. Jio revealed a 12-25% increase on Thursday, followed by Airtel's announcement of price hikes on Friday. This marks the first major rate

A day after the spectrum auctions, Akash Ambani-led Reliance Jio has taken the lead in hiking mobile service tariffs. The company announced tariff hikes ranging from 12.5% to 25% across most of its plans, effective from July 3, 2024. Jio’s lowest

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Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactio