हिंदी समाचार पढ़े
Expand
O.P. Jindal Global University
 
Home / Latest News / First time in the Country, State Bank of India makes possible Cardless cash withdrawals at ATMs

First time in the Country, State Bank of India makes possible Cardless cash withdrawals at ATMs

March 16

SBI ATM
SBI ATM

, 2019:

Apart from Android and iOS-powered mobile phones, the YONO app can also be accessed via the YONO website.

The State Bank of India (SBI) has become the first bank in the country to offer cardless cash withdrawal through the YONO app from around 16,500 of its ATMs termed as ‘YONO Cash Points’.

Cardless withdrawals eliminate the risk of skimming and cloning, SBI said. This should increase YONO Cash’s appeal among users, the bank added.

Here’s how you can withdraw cash using the YONO app:

The cash withdrawal process through the service consists of two-factor authentication, which customers can initiate by installing the YONO app and setting a PIN for the transaction.

Apart from Android and iOS-powered mobile phones, the app can also be accessed via the YONO website.

After the cash withdrawal process is initiated, customers will get an SMS with a six-digit reference number for the transaction on their registered mobile number which has to be used at the ATM within 30 minutes along with the PIN to get the cash.

Launching the app, SBI Chairman Rajnish Kumar said, “YONO Cash is yet another step by the bank towards our goal of maximising convenience and enhancing banking experience for our customers. The initiative will also address their concern of using the debit card at the ATMs for cash withdrawals by eliminating possible risk associated with it. This feature on YONO is designed to help its users withdraw cash without a physical debit card. Through YONO, our endeavour is to create a digital universe by integrating the entire transactions ecosystem under one platform in the next 2 years.”
Source Link

Facebook Comments

 
Related tags :
 

TOI

Hindu

TOI

Alligator vs Litigator Alligator vs Litigator Missing the Point Missing the Point pic by english blog State of Affairs Women Safety: State of Affairs             pic by mangal Demonitisation Diaries 2 Demonitisation Diaries 2  pic by sify TOI Four Pillars of Democracy Four Pillars of Democracy             by Satish

TOI

TOI

Hindu

Donald Trump’s immigration ban Donald Trump’s immigration ban Acheche DIn Acheche Din     pic by sify

Hindu

Hindu Hindu Hindu

Hindu

TOI

Time to straighten up Time to straighten up                pic by TOI Soaring of Oil Prices pic by indiaone Painting India Saffron Painting India Saffron

IBN IBN

TOI

TOI

NPA Hurts Public Sector Banks NPA Hurts Public Sector Banks Demonitisation Diaries Demonitisation Diaries                                                       by sify

Hindu

Humour @ Latest Laws Achhey Din Humour @ Latest Laws: Achhey Din

Hindu Hindu

Demonitisation Diaries 1 Demonitisation Diaries 1                                  pic by sify  

Hindu

...as an eminent lawyer you ought to know that your action tantamount to, under Section B, sub-section G.VIX, read along with I.P.C. (A) XI (B), notwithstanding...                                        TOI

State of JudiciaryState of Judiciary by Sandeep Adhwaryu of TOI Pakistan Democracy Pakistan Democracy Auto Driver thrashed for no fault Auto Driver thrashed for no fault,                  source oneindia America First Walk Your own Talk If India takes One Step, we will take Two by Satish If India takes One Step, we will take Two ...................by Satish Hindu

pinterest

TOI 150425_-_farmers_a_2384764f

Hindu

Hindu Hindu Tax Reforms    by Hindu Tax Reforms by Hindu Let Justice Be Let Justice Be Hindu State of Two Nations State of Two Nations               pic by sandeep [caption id="attachment_97467" align="alignleft" width="621"]Humour with Latest Laws Humour with Latest Laws[/caption] TOI

Hindu

Hindu

TOI

Job Hazards TOI Hindu Lawyers Bearing the Burden Literally Lawyers Bearing the Burden Literally pic by OMG UIDAI Leaks UIDAI Leaks

TOI

Hindu

Pic by Hindu Women Empowerment and Sports Women Empowerment and Sports Delivery Boy Delivery Boy                    by Satish TOI Hindu

Hindu Hindu

ALL_1_Theme_01A_24_2383617g

Hindu

Belts are for Dogs Belts are for Dogs Netas in Election mode Netas in Election mode Cartoon TOI
Download our App
ios icon
android icon
 
 
 

Check Also

Delhi High Court notifies its Rules for Designation of Senior Advocate, 2018, Read Text here

March 21, 2019: The Rules will replace with the now existing 2012 Rules on the designation of Senior Advocates. The New Rules seek to introduce major changes in the process of designation of Senior Advocate by the High Court. As ...

Leave a Reply

Your email address will not be published. Required fields are marked *