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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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BTC ATM Installations Dramatically Sunk to Record Low in Last Six Months: CoinATMRadar
Only 94 BTC ATM machines were installed in different parts of the world between July 2022 and January 2023. The US, Australia, Canada, and Spain registered an elevated interest in Bitcoin machines. El Salvador, which legitimised Bitcoin as a legal tender in 2021, has notably lost its top spot in the BTC ATM rankings.
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ATM, Debit Cards, Mobile Banking Issues Top Grounds Of Complaints: RBI
Complaints related to ATM/ debit cards were the highest at 14.65 per cent of the total, followed by mobile/ electronic banking at 13.64 per cent.
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India's First Real-Time Gold ATM Comes Up In Hyderabad
Unlike usual ATMs that dispense money, the Goldsikka ATM dispenses Gold coins. In what is India's first gold ATM, people can insert their debit or credit cards into the Goldsikka and buy gold coins.
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What Top Banks Charge For ATM, Debit Cards: All You Need To Know
Here are some of the common charges levied by the State Bank of India, Punjab National Bank, HDFC Bank and ICICI Bank.
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Here's How To Use National Common Mobility Card On Delhi Metro Airport Express Line
National Common Mobility Card: RuPay debit cards will work on urban transport systems, retail or bank ATMs, saving people from acquiring different cards for various purposes when traveling in different cities
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Here Is How To Activate State Bank Of India ATM Debit Card Online
The SBI account holder who wants to activate State Bank of India ATM or debit card online needs to log in online SBI portal and click on e-services tab.
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HDFC Bank Is Down, Debit Card, UPI Transactions, and Even ATMs Not Working, Customers Say
HDFC Bank is down for a large number of its customers in India, who are not able to use UPI payments, debit cards, or netbanking on the site. Users have taken to Twitter to complain, but the bank says the issue will be resolved soon.
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SBI Relaunches Facility To Open Account Online. Here's How To Do It
Customers will have the flexibility to upgrade to full KYC by visiting an SBI branch within one years time
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Charges On Using Other Banks' ATM, Minimum Balance Waived For Three Months
Addressing a press conference on Tuesday, Finance Minister Nirmala Sitharaman announced that debit card users will not be levied any charge for the next three months if they withdraw cash from ATMs of other banks. She also added that the charge for not maintaining minimum balance in accounts will also be waived for three months.
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New Rules For Debit, Credit Cards To Kick In From Monday
RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.
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Debit Card Holders Can Withdraw From ATMs: Yes Bank In Late-Night Tweet
In a late-night tweet, crisis-ridden Yes Bank said that customers can "now make withdrawals" using debit cards, three days after the Reserve Bank Of India (RBI) placed the private lender under a moratorium, capped deposit withdrawals at Rs 50,000 per account for a month and superseded its board.
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ICICI Bank Announces "Cardless" Withdrawal Facility At ATMs. How To Use It To Withdraw Funds
The facility will enable a "safe and secure" more of withdrawing cash from an account using mobile app iMobile, according to ICICI Bank.
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RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
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How To Apply For State Bank Of India Chip And PIN-Based Card To Exchange Your Magstripe Card
SBI EMV Chip And Pin-Based Debit Card: Those holding SBI Magstripe debit cards need to apply at their home branch by December 31 to get a new EMV chip and pin-based debit card. SBI said it will deactivate the magnetic stripe cards by December 31, 2019 irrespective of their validity period.
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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
-
BTC ATM Installations Dramatically Sunk to Record Low in Last Six Months: CoinATMRadar
Only 94 BTC ATM machines were installed in different parts of the world between July 2022 and January 2023. The US, Australia, Canada, and Spain registered an elevated interest in Bitcoin machines. El Salvador, which legitimised Bitcoin as a legal tender in 2021, has notably lost its top spot in the BTC ATM rankings.
-
ATM, Debit Cards, Mobile Banking Issues Top Grounds Of Complaints: RBI
Complaints related to ATM/ debit cards were the highest at 14.65 per cent of the total, followed by mobile/ electronic banking at 13.64 per cent.
-
India's First Real-Time Gold ATM Comes Up In Hyderabad
Unlike usual ATMs that dispense money, the Goldsikka ATM dispenses Gold coins. In what is India's first gold ATM, people can insert their debit or credit cards into the Goldsikka and buy gold coins.
-
What Top Banks Charge For ATM, Debit Cards: All You Need To Know
Here are some of the common charges levied by the State Bank of India, Punjab National Bank, HDFC Bank and ICICI Bank.
-
Here's How To Use National Common Mobility Card On Delhi Metro Airport Express Line
National Common Mobility Card: RuPay debit cards will work on urban transport systems, retail or bank ATMs, saving people from acquiring different cards for various purposes when traveling in different cities
-
Here Is How To Activate State Bank Of India ATM Debit Card Online
The SBI account holder who wants to activate State Bank of India ATM or debit card online needs to log in online SBI portal and click on e-services tab.
-
HDFC Bank Is Down, Debit Card, UPI Transactions, and Even ATMs Not Working, Customers Say
HDFC Bank is down for a large number of its customers in India, who are not able to use UPI payments, debit cards, or netbanking on the site. Users have taken to Twitter to complain, but the bank says the issue will be resolved soon.
-
SBI Relaunches Facility To Open Account Online. Here's How To Do It
Customers will have the flexibility to upgrade to full KYC by visiting an SBI branch within one years time
-
Charges On Using Other Banks' ATM, Minimum Balance Waived For Three Months
Addressing a press conference on Tuesday, Finance Minister Nirmala Sitharaman announced that debit card users will not be levied any charge for the next three months if they withdraw cash from ATMs of other banks. She also added that the charge for not maintaining minimum balance in accounts will also be waived for three months.
-
New Rules For Debit, Credit Cards To Kick In From Monday
RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.
-
Debit Card Holders Can Withdraw From ATMs: Yes Bank In Late-Night Tweet
In a late-night tweet, crisis-ridden Yes Bank said that customers can "now make withdrawals" using debit cards, three days after the Reserve Bank Of India (RBI) placed the private lender under a moratorium, capped deposit withdrawals at Rs 50,000 per account for a month and superseded its board.
-
ICICI Bank Announces "Cardless" Withdrawal Facility At ATMs. How To Use It To Withdraw Funds
The facility will enable a "safe and secure" more of withdrawing cash from an account using mobile app iMobile, according to ICICI Bank.
-
RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
-
How To Apply For State Bank Of India Chip And PIN-Based Card To Exchange Your Magstripe Card
SBI EMV Chip And Pin-Based Debit Card: Those holding SBI Magstripe debit cards need to apply at their home branch by December 31 to get a new EMV chip and pin-based debit card. SBI said it will deactivate the magnetic stripe cards by December 31, 2019 irrespective of their validity period.
