Popular comedian and actor AY Makun has ignited discussions online after questioning Nigerian banks over the numerous charges ...
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Are ATMs Going Out Of Fashion In Nigeria?
Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the nearest Point-of-Sale (POS) agent. ATMs, once the backbone of convenience banking, ...
Zenith Bank Group, one of Nigeria’s largest financial institutions, has recorded significant growth in its digital banking ...
Access Bank, Zenith, United Bank for Africa, Guaranty Trust Bank and other commercial banks are expected to be closed for two ...
The Central Government has shared some surprising financial data regarding ATM cash withdrawals. Over the past five years, the State Bank of India (SBI) has made a massive Rs. 2,043 crore profit ...
NEW DELHI: After the Reserve Bank of India (RBI) allowed banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage, Tamil Nadu chief minister MK Stalin on Sunday ...
Also Read: Check new charges here: ATM withdrawals to become costlier from May 1; minimum balance, credit card rules to be affected "Beyond the free transactions, a customer may be charged a ...
The Center has revealed that the State Bank of India (SBI) is generating substantial revenue from ATM cash withdrawals, while other public sector banks (PSBs) are facing financial challenges in ...
Customers of smaller banks may feel the pinch more, as they often rely on ATMs of larger banks due to limited branch networks. Image: Representational/Pixabay If you withdraw cash from an ATM that ...
Tamil Nadu's CM M K Stalin criticizes RBI's decision to charge up to Rs 23 for ATM withdrawals exceeding monthly limits. He claims that this policy will harm economically disadvantaged individuals ...
The Reserve Bank of India (RBI) has approved a hike in ATM interchange fees, raising the cost of cash withdrawals from May 1, 2025 onwards. ATM interchange fees refer to the amount one bank pays ...
Japan’s National Police Agency is considering limiting ATM withdrawals and transfers to a total of ¥300,000 ($3485) per day for people aged 75 or older after a sharp increase in the number of ...