Axis Bank Launches UPI-ATM for Cardless Cash Withdrawal, Bharat Connect for Business
Axis Bank UPI-ATM, cardless cash withdrawal facility
Hyderabad: Axis Bank introduced two innovative, industry-first digital solutions at the recently held GFF event. The bank launched ‘UPI-ATM’, an integrated Android Cash Recycler with Unified Payments Interface (UPI) technology for cardless cash withdrawal and deposits. It also launched ‘Bharat Connect (erstwhile BBPS) for Business’, in partnership with NPCI’s Bharat BillPay Limited (NBBL).
Axis Bank is the first private sector banks in India to showcase a state-of-the-art cash recycler which leverages Android technology to deliver an intuitive and user-friendly experience. In addition to features, Android Cash Recycler will offer an extensive range of services such as account opening, credit cards issuance, deposits, loans, forex, FASTag and more, all on a single platform.
“Our goal is to be at the forefront of innovation, providing cutting-edge solutions to our customers. These two innovative digital technologies, mark a transformative step in the evolution of banking services. our association with NBBL to provide Bharat Connect for Business, reflects the bank’s continued commitment to expand the NBBL ecosystem to effectively address varied and evolving client requirements,’’ Rajiv Anand, Deputy Managing Director, Axis Bank, said.
