80,000 ATMs to be opened by non-banking entities in next 8 months
According to finance ministry sources non-banking entities, which have been allowed by RBI to operate ATMs on behalf of banks, […]
According to finance ministry sources non-banking entities, which have been allowed by RBI to operate ATMs on behalf of banks, […]
In Ghana, the National Switch and Smartcard Payment System, which link the payment system for licensed banks and non-bank financial institutions in the country launched in the country. e-Zwich operates under the new Universal Electronic Payments (UEPS) technology.
The Malaysian-based company HeiTech Padu Berhad has launched a smart card, which offers variety of functions, including e-banking, payment of utility bills, e-passport in a single card.
Reserve Bank of India (RBI) is planning to offer bundles of banking services with mobile telephone SIM card. This initiative will push branch banking into the background with rural banking going mobile.
AGS Infotech in association with Wincor Nixdorf International has announced about the launch of Kisan ATM for the rural India.
Union Bank of India, Dena bank and Central Bank of India are planning to install biometric automated teller machine (ATM) to provide services for rural customers of India.
[This article was published in the December 2006 issue of the eGov Magazine (http://www.egovonline.net) ]
Online learning is drastically altering education and learning patterns worldwide.
The Indian Railways is planning to sell rail tickets at petrol pumps and automated teller machines (ATMs) in India.
[This article was published in the May 2006 issue of the eGov Magazine (http://www.egovonline.net) ]
How can a wallet-sized plastic card with an embedded computer chip that can store data or process information increase security, save time and money and overcome limits caused by illiteracy, local languages or remote locations? Microfinance institutions working in the Bolivian highlands and in remote rural areas in Uganda have been experimenting with the use of smart cards for their clients and profit from the benefits of this state-of-the-art technology.
[This article was published in the May 2006 issue of the eGov Magazine (http://www.egovonline.net) ]
The solution lies with new delivery channels that make innovative use of ICTs to inexpensively process a large volume of small transactions and deliver a wide range of financial services