No cash in ATMs no transaction fees, page-8

Effectively, Ola Cabs have become mobile ATM's using their POS facilities in partnership with Yes Bank and PNB Bank (SBI I believe so as well).

SBI is looking to increase POS to 500,000 users short term and heaps of machines are on order from other banks.

SBI is rolling its POS services into another company and looking for a technology partner and offering approximately 26% equity in the business (wish we are interested, but probably will have big international competition).

Definitely part of the market we should ramp up. if not already working in there. The platform does handle it, as shown in previous posts. (PS easy google search will prove the above information, to busy with Christmas coming up to post regularly and work needs to be finished).

Cheers