 
                  
RBI announces cardless cash withdrawal system in ATMs across the country
The new system is meant to minimize fraudulent activities such as card skimming and cloning.
Stay updated with the latest news and articles about ATM.
 
                  
The new system is meant to minimize fraudulent activities such as card skimming and cloning.
 
                  
The InFinity Forum, a thought leadership forum on FinTech, was launched by Prime Minister Narendra Modi.
 
                  
The new rule will be effective from October 1, 2021. Cash-out at any ATM of more than ten hours in a month will attract a flat penalty of Rs. 10,000 per ATM.
 
                  
 
                  
RBI’s recent move will ultimately bring the wallets on par with the bank accounts without any account number.
Showing 15 of 211,517 articles
