AGS Transact Technologies, Mastercard partner to Introduce first-ever ‘contactless’ cash withdrawals on ATMs in India
Enabled through Masterpass & AGS QRCash, Mastercard cardholders can now withdraw cash from ATMs by just scanning a QR code using a smartphone. February 09, 2021 / 08:32 AM IST
AGS Transact Technologies (AGSTTL) has partnered with Mastercard to provide a pan India ‘contactless’ cash withdrawal experience at ATMs. In a first, Mastercard cardholders will be able to withdraw cash by scanning a QR code displayed on the ATM screen of all participating Banks. The partnership aims to provide a more secure banking experience to customers in India.
During these unprecedented times, there is a need for contact free cash withdrawal.