ATMs - Wander City

Big news for EPFO subscribers! Come 2025, you may be able to withdraw your PF money directly from ATMs: Report – Times of India

alishpagda08@gmail.com7 months ago04 mins

EPFO members will have the capability to access their provident funds through ATMs. Provident Fund withdrawal from ATMs soon? Come 2025, you may be able to withdraw your provident fund directly from ATMs. The Labour Ministry is modernising its information technology infrastructure to deliver better services to the country’s substantial workforce.EPFO members will have the…

Avoiding ATM fake shutter fraud: Why some ATMs will now retract cash as per RBI mandate – Times of India

alishpagda08@gmail.com7 months ago04 mins

ATMs are equipped with a mechanism that automatically retrieves unattended currency notes. (AI image) ATM cash retraction new rules: The Reserve Bank of India has now partly reversed its January 2012 directive that had mandated disabling of cash retraction in ATMs. The original decision was taken to prevent fraudulent activities at ATMs.ATMs are equipped with…

Some ATMs to retract cash: RBI | Mumbai News – Times of India

alishpagda08@gmail.com7 months ago02 mins

MUMBAI: RBI has partially reversed an earlier directive to disable cash retraction facility in ATMs. The facility was originally disabled in Jan 2012 due to concerns over fraud.The cash retraction facility refers to the built-in feature in ATMs where the machine pulls back currency notes if the customer does not collect them from the dispenser…