Here's how ATM, PoS transactions stack up in post-demonetisation era

The number of ATMs in the country peaked in July 2017 and has been in decline ever since

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Nikhat Hetavkar
Last Updated : Apr 18 2018 | 11:18 PM IST
ATM transactions 

* Monthly ATM withdrawals, both in terms of volume and value, are back to pre-demonetisation levels since July 2017 and have remained around these levels since then. 

* The number of ATM withdrawals for February 2018 was 719 million, of total value amounting to Rs 2,478 billion 






















Number of ATM terminals 

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* A total of 1,700 ATMs have been added since post-demonetisation period. The number of ATMs in February 2018 stood at 0.22 million, 385 units more than those in February 2017 

* The number of ATMs in the country peaked in July 2017 and has been in decline ever since




Point-of-SALE terminals

* The number of point-of-sale (PoS) terminals have doubled from 1.5 million in October 2016 to over 3 million in February 2018

* This rise in PoS terminals can be attributed to the sharp additions made in the months immediately following demonetisation 

* However, the additions have dropped significantly since then.  POS additions during February 2018 did not match even 10% of the additions from December 2017 to March 2017. 


Stagnant PoS transactions 

* While the number of PoS terminals has gone up, PoS monthly transaction, both in volume and value is roughly the same as the pre-demonetisation level

* Barring the spike in December 2016 due to demonetisation, PoS transactions have remained stagnant in the 14 months since then 


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