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