ATM Crisis

If you look at per-ATM daily transactions, rural areas have much higher numbers. That's why WLATMs focus on Tier-III and Tier-IV cities, says Maru

Demand for cash has increased as e-commerce, retail firms expand. Cash-on-delivery accounts for more than 60% of e-commerce payments

ATM deployment has crossed 250,000 units, after hovering between 225,000 and 235,500 for almost five years

The demand for a hike in the interchange hides a bigger mess, reports Raghu Mohan

This additional factor of authentication will protect State Bank card holders from unauthorized ATM cash withdrawals, it said further

Industry says recent regulatory changes will make ATM operations unviable, resulting in closures