India's first UPI-ATM launched

• Hitachi Payment Services in association with National Payments Corporation of India (NPCI) launched India's first UPI-ATM.

• It has been named Hitachi Money Spot UPI ATM.

• ATM will facilitate cardless cash withdrawal without physical card.

• A UPI-ATM allows users to withdraw cash from multiple accounts using the United Payments Interface (UPI) app.

• Hitachi Payment Services is the only white label ATM operator to provide cash deposit facility, with ATMs at 3000 locations.

• Hitachi has over 65,500 ATMs (including 27,500 cash recycling machines) and 9,500 WLAs under its management.