BANKING

The State Bank of India (SBI) has launched its digital banking application called 'YONO for Every Indian' which provides access to UPI features such as Scan and Pay, Pay by contacts, and Request money. SBI also introduced Interoperable Cardless Cash Withdrawal (ICCW) facilities, allowing customers to withdraw cash seamlessly using UPI QR Cash functionality, eliminating the need for PIN entry or physical debit cards.

from Banking/Finance-Industry-Economic Times https://ift.tt/iatx1Fz
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