May 19, 2024
  • Hitachi Payment Services, India’s leading payments and commerce solutions provider has announced the launch of the country’s first Upgradable ATM. The Upgradable ATM can be transformed into a high-performance Cash Recycling Machine (CRM) at any point of time.
  • Manufactured under the Make in India initiative, these new Upgradable ATMs provide more flexibility and efficiency to banks.
  • These ATMs can be upgraded to a Cash Recycling Machine (CRM) at any time.
  • Hitachi Payment Services claims that this is the first upgradable ATM in India.
  • This new-age solution is designed to support UPI based cash withdrawal and cash deposit as well.
  • In September 2023, the company also rolled out the first-of-its-kind UPI ATM on Android platform for card-less cash withdrawals.
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