According to World Back, roughly 2 billion people around the world do not have access to formal sources of banking and financial services, or more than 50% of small and medium-sized businesses (SMEs) ...

Equipped with card swipe facility, the micro ATMs can even operate via fingerprint scanner. The micro ATMs are best for carrying out cash transactions in situation when bigger ATMs are running dry.

NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for ...

Cash usage in the hinterland continues to trump digital modes of payments, as evidenced by the rising value of transactions made through micro ATMs. In June, the value of cash withdrawn and deposited ...