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Hitachi Payment Services Launched White Label UPI-ATM with NPCI

Published on September 07, 2023
Current Context: Hitachi Payment Services launched the country’s first UPI-ATM as a White Label ATM (WLA) named Hitachi Money Spot UPI-ATM in association with National Payments Corporation of India (NPCI) on September 5, 2023.
Hitachi Payment Services Launched White Label UPI-ATM with NPCI
  • Hitachi Payment Services is a subsidiary of Japan-based Hitachi Ltd and a leading payments and commerce solutions provider in India.
  • UPI-ATM is a new concept that allows users to withdraw cash from multiple accounts using the United Payments Interface (UPI) app, without the need for physical cards.
  • The Hitachi Money Spot UPI-ATM is built on Android OS and offers secure card-less cash withdrawals, cash deposit facility, and seamless digital experience for customers.
  • The UPI-ATM is expected to enhance customer security, drive financial inclusion, and facilitate easy access to banking services in areas where traditional banking infrastructure and card penetration is limited.


Q.1 What is the name of the subsidiary of Hitachi Ltd that launched the UPI-ATM in India?
a. Hitachi Payment Services
b. Hitachi Financial Services
c. Hitachi Commerce Solutions
d. Hitachi Banking Services

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