Question

Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?

Q: Answer-Which of the following system enabling the citizens of the country to utilize any ATM of a connected...

The National Financial Switch facilitates routing of ATM transactions through inter-connectivity between the Banks Switches, thereby enabling the citizens of the country to utilize any ATM of a connected bank. National Financial Switch is the largest network of shared automated teller machines in India. It was designed, developed and deployed by the Institute for Development and Research in Banking Technology in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking. It is owned by NPCI