Mumbai: Hitachi Payment Services, India’s leading payments and commerce solutions provider, on Tuesday announced the launch of the country’s first-ever UPI- ATM as a White Label ATM (WLA) in association with National Payments Corporation of India (NPCI), offering secure card-less cash withdrawals, said Hitachi Payment Service in a press release.
UPI ATM: How it differs from cardless cash withdrawals
The UPI-only White Label ATM significantly enhances customer security by eliminating the need for physical cards. The Hitachi Money Spot UPI ATM would provide customers a unified and secure user experience while offering them the convenience of card-less cash withdrawals.
Furthermore, it will drive financial inclusion by facilitating easy access to banking services in areas where traditional banking infrastructure and card penetration is limited. Leveraging advanced and innovative technology, the Hitachi Money Spot UPI ATM delivers a seamless digital experience for customers.
Hitachi Payment Services has been at the forefront of bringing innovative offerings in the payments domain and presently is the only White Label ATM operator to offer Cash Deposit facility. This service can be accessed at more than 3,000 ATM locations.