TNPSC Thervupettagam

India’s first UPI ATM

September 10 , 2023 577 days 936 0
  • Hitachi Payment Services, launched India's first UPI-ATM in collaboration with the National Payments Corporation of India.
  • The UPI-ATM service is also known as Interoperable Cardless Cash Withdrawal (ICCW).
  • It offers a convenient way for customers of participating banks who are using UPI to withdraw cash from any ATM that supports UPI-ATM functionality.
  • It can be used without the need for a physical card.

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