Hitachi Payment Services launches India’s first-ever UPI-ATM with NPCI: Hitachi Payment Services, a subsidiary of Japan-based Hitachi Ltd, announced the launch of India’s first-ever UPI-ATM as a White Label ATM (WLA) named Hitachi Money Spot UPI ATM, with the National Payments Corporation of India (NPCI).
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The ATM will offer cardless cash withdrawals, eliminating the need for physical cards.
A UPI-ATM allows users to withdraw cash from multiple accounts using the United Payments Interface app.
WLAs are operated by non-banking entities.
