No need to go to ATM... Virtual ATM. How to get money through?

kungumapriya
Traveling in times of emergency or distant areas can be forced to make money using debit and credit cards. It would be difficult to find an ATM at that time and make money quickly.


The UPI system has changed the manipulation of cash transactions. Individuals can conveniently pay online through smartphone and internet connection. But relying on these wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital methods does not go hand in hand.


Traveling in times of emergency or distant areas can be forced to make money using debit and credit cards. It would be difficult to find an ATM at that time and make money quickly.


Payment india has launched a solution to address this difficulty. Payment india, a financial technology company from Chandigarh, offers money laundering without cards. In this manner, you can get money from nearby shopkeepers using only smartphones.


This is the need to go to the ATM. Payment india founder and CEO amit Narang refers to this service as Virtual ATM.


To use the virtual ATM to make money, you will need a smartphone, mobile banking application and internet connection. Make sure you have registered with your mobile banking App in the mobile number bank.


The bank will be created and sent to the registered mobile number. You can get your money from the shopkeeper and go to the nearest Paymart shop and show the OTP. You can find out the names, location and contact number of nearby shopkeepers who offer Virtual ATM services through Paymart. Debit card, credit card, UPI do not need to make any money.


This service is very useful in areas that are challenging to find ATM. Or you can access the stores that accept wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payments.


Who can use Virtual ATMs?

According to a statement issued by Paymart, the Virtual ATM service has been in the test for more than six months with the IDBI Bank. The company has joined the indian bank, Jammu & kashmir bank and Karur Vaisya bank to introduce the service.


Currently, this virtual ATM service can only be used in specific places in Chandigarh, Delhi, Hyderabad, chennai and Mumbai. It is also worth noting that customers will not be charged any fee for using this virtual ATM service.



How much money can you take using Virtual ATMs?

Using this feature, you can take a minimum of Rs.100 and a maximum of Rs 2,000 in a transaction. Monthly Rs. You can make up to 10,000. Although the virtual ATM is favorable to get small amounts, this is not suitable for making large amounts of money. Because shopkeepers have less money in their hands.


Does Virtual ATM help banks?

Virtual ATMs help customers in all areas. You can avoid the costs of installing and maintaining perverted ATMs. This also reduces the need to install bank branches. And this Virtual ATM. Shoppers who join mode will receive commission benefits

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