Chennai: Mastercard has tied up with AGS Transact Technologies 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 secured banking experience to customers in India.
Vikas Varma, chief operating officer, South Asia, Mastercard said, ‘Mastercard is committed to develop safe, secure, and more convenient ways to make payments with its technology and expertise.’