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Linking ATM interchange fee to ticket size a good idea: FSS' Vishal Maru
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
240,000 ATMs to be recalibrated, but consumers need not worry, says FIS
In case of recalibration the number of withdrawals would increase as only lower denomination notes were likely to be dispensed
Cost of Rs 1 bn to be incurred in recalibrating ATMs for new Rs 100 notes
Around 240,000 ATMs will need to be recalibrated for the dispensation of new Rs 100 notes
Demonetisation: All you need to know about ATM recalibration
Recalibration is a process by which changes are made to cash-delivering machines so that they can deliver the new notes