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In India, cash will remain king for many more years
Rapid strides in digital payments notwithstanding, the Indian economy will likely remain cash-dependent for many years to come, at least that’s what the automated teller machine makers and......
Cash was king in 2020 even as digital transactions increased
The hoarding of cash accentuated from the very start of 2020, when the coronavirus pandemic started taking hold the world over, and fear of the pandemic prodded people to remain liquid for......
Why it will take weeks to tune ATMs
With about 2,000 qualified engineers to service ATMs across the country, it is an uphill task to modify 220,000 machines, Nupur Anand and Anup Roy report. It is more than a week now and the......
Electronic payment space lures investors
With a thrust on financial inclusion, banks are focusing on expanding their reach in a cost-effective way. This has spawned the need for heavy investment in technology and electronic payment......
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