OmniCard becomes 1st RBI licensed PPI to launch cash withdrawal in all ATM
OmniCard became the 1st RBI licensed PPI 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.
OmniCard users can withdraw cash from any ATM at their convenience with full security from frauds like card theft, card cloning, and PIN skimming.
The company is working with NPCI to enable the facility.