If you have a smartphone, you get to use UPI (United Payments Interface).
If you don’t, you are basically limited to a certain amount of free withdrawal per month, which is set to prevent getting an outcry from BPL (below poverty line) people, which would otherwise be bad for elections.
They seem to have plans for those types too.
Withdrawing cash is going to be taxed.
What does withdrawing cash have to do with owning a phone?
If you have a smartphone, you get to use UPI (United Payments Interface).
If you don’t, you are basically limited to a certain amount of free withdrawal per month, which is set to prevent getting an outcry from BPL (below poverty line) people, which would otherwise be bad for elections.
Aah you talking India specific, I was talking from a European perspective given the context of the posts I replied to originally.
Don’t they also have some NFC payment stuff there too?
Though that’s probably connected to the debit/credit card and not really a separate interface.