Corporate News May 2022, Part 2 - Acquisory Bulletin
Chandni Ansari27 Dec, 2024Business
A. RBI introducesInteroperable Card-less Cash Withdrawal (ICCW) at ATMs All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs. NPCI has been advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks. While UPI would be used for customer authorisation in such transactions, settlement would be through the National Financial Switch (NFS) / ATM networks.
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