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How India's first UPI ATM differs from regular ATMs?

Shortpedia

Content Team
Image Credit: axis bank

In a significant milestone for India's rapidly evolving digital payment landscape, Hitachi Payment Services, in collaboration with the NPCI, has unveiled the country's first UPI ATM. This innovation aims to seamlessly integrate the convenience and security of the UPI into traditional ATM transactions. With UPI accounting for over 50% of digital transaction volumes in the nation, this development is poised to revolutionize the way Indians access cash, particularly in remote areas.