ATM withdrawals

Digital payments, ATM withdrawals plunge as Covid takes out demand

 Digital payment channels in May, except UPI, saw a 30-40 per cent decline in value compared to March, while ATM cash withdrawals dropped by 64 per cent.  

published on : 3rd June 2021

Bank charges: fee to fleece?

Banks say the increase in fees is a reflection of ballooning expenses incurred on setting up infrastructure like ATMs and to ensure security and speed while facilitating online transactions.

published on : 23rd July 2017