ATM

Move will align cash-handling business with global standards, clamp down on fakes, accounting discrepancies

The most common were grocery stores, restaurants, department stores, drugstores, and gas stations, among others. They found about 80 per cent receipts had the presence of bisphenol

Cash dispensers reconfigure cassette with lower denominations

Standing in a long queue outside the ration shop to get the monthly ration has become a thing of the past, as the unique Annapurti grain ATM installed here at a fair price shop takes merely 30 seconds to dispense wheat and rice to the ration card holder. The grain ATM was installed in the Jankipuram area of the state capital on March 15, and so far, it has dispensed grains (rice and wheat) to nearly 100-150 ration card holders. Elaborating further about the grain ATM, which gives a real bank ATM-like feeling, Pankaj Giri at whose fair price shop the machine is installed, told PTI, "This grain ATM started on March 15. The government has provided it. Before installing the grain ATM, it took nearly 2-3 minutes to give the foodgrains. "But, now with the grain ATM, this time has come down to 30 seconds. So far, grains have been dispensed to 100-150 ration card holders through the new machine." He added that officials imparted training and the operational mechanism of the machine to him,

In a Q&A, the country managing director of the world's largest ATM maker, says he sees a lot of banks come to firms such as his to run their ATM network for them in the future

Central bank had first issued show-cause; latest action follows company's response to the notice

Forgot your ATM pin? Check out details to reset or regenerate your ATM pin and how to protect yourself from ATM fraud

NPCI advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks.

NPCI has been advised to facilitate Unified Payments Interface integration with all banks and ATM networks, says RBI

This is expected to enhance ease of transactions and eliminate frauds at the same time

ATMs across banks are all set to increase service charges per transaction from Saturday, following an order from RBI and customers will have to Rs 1 more beyond permissible free transactions

Using ATMs beyond the permissible free transactions for cash as well as non-cash purposes will cost more from Saturday.

In a Q&A, executive vice chairman & CEO Rajiv Kaul dwells on the firm's business structure, growth plans and the future of the ATM industry

Penalty of Rs 10,000 per ATM will be levied in the event of a cash-out situation for more than 10 hours in a month

The increase comes after 9 years

The report stated that industries, such as logistics and jewellery, had seen the biggest increase in usage over the past two years

A week ago Sameer Nigam-led PhonePe launched its own ATM, a first of its kind service in India that enables neighbourhood stores to act as ATMs for PhonePe users

Software upgrade of bank ATMs will be delayed

Besides, use of ATMs for balance enquiry and fund transfers too should be not part of the free transactions facility given to a customer

No one seems to worry about things that will make the life of an individual easier