Axis Bank empowers customers with various digital platforms
On digital payment solutions, Axis bank is offering the desired infrastructure across India to conduct cashless transactions.
"Bank's QR based scanning solutions has been a great digital platform for small ticket vendors to conduct cashless transactions. The bank is witnessing nearly 2 lakh individuals enrolling on its UPI app on a daily basis," a statement form the bank claimed.
Additionally, Axis Bank has deployed micro-ATMs, introduced facilities such as cash withdrawals at POS terminals. In rural areas, the bank is running several educative programs for citizens and emphasizing on opening accounts & providing debit cards for cashless transactions. The bank has also installed PoS machines at kirana stores.
Currently 99% of ATMs have been re-calibrated to accommodate the new currency notes. The bank has prioritized cash filling at strategic ATMs locations such as hospitals, mandis etc.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
