Making money from ATM easier, not needing a card or pin
There is no need to worry if the ATM card is withdrawn or lost or not lost at the ATM. Now without ATM card and ATM PIN you can withdraw money from ATMs.
If your ATM card is lost or you forget the PIN of an ATM card, then you do not have to be worried, because the private sector credit bank has initiated that the customer can withdraw money without a card or PIN.
Yash Bank has signed an agreement with the start-up regulatory technology of the Fintech sector. Under this agreement, the facility of ATMs will be made available to the reputed tech bank, which does not require a card and PIN.
According to information received from Yash Bank, the consumer retailers can deposit and withdraw money. Yash Bank said that Penierbay mobile application can be used on a smartphone. In this, any retailer will be able to work as an ATM-assisted bank branch for customers and can provide deposits or withdrawals. The National Payments Corporation of India has been working with Yash Bank and Nirbay to start this service.
This will have 40,000 touch points in the network. Using a support number and fingerprint, the customer can withdraw cash from those places or make any other type of transaction.
Regulators have signed an agreement with Retailers Association of India to make awareness and popularization of Nirvayee support services. Under this, consumers will be made aware and this service will be delivered to the remote area of the country.
this service will be delivered to the remote area of the country.