Exam Notification 2024

OmniCard becomes 1st RBI licensed PPI to launch cash withdrawal

OmniCard becomes 1st RBI licensed PPI to launch cash withdrawal across all ATMs PAN India

OmniCard becomes 1st RBI licensed PPI to launch cash withdrawal across all ATMs PAN India

Payment solution provider, OmniCard has announced that it became the 1st RBI licensed PPI (prepaid payment instrument) to launch cash withdrawal using a RuPay-powered card from any ATMs across the country.

The move came in after RBI permitted the non-bank licensed entities to enable cash withdrawals from the digital wallets.


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