Depositing of Cash in CDM through UPI, Make UPI Payments Using the PPI App, Check Updates

UPI applicants will deposit cash in a Cash Deposit Machine (CDM) as soon as possible. On Friday, RBI Governor Shaktikant Das announced this, He said that after watching the experience of cash withdrawal without any card from UPI, applicants can now also start depositing cash in the future as soon as possible. After applying this, the Bank and Customers both will get the benefit.

RBI will release a detailed proposal about this within a few days. Shaktikant Das has also made an annoucement for UPI users. PPI users can also make payments by working with any other UPI. PPI holder customers can only make the UPI payment using the PPI app. An E-Gift Card or Mobile Wallet is known as a PPI. Users can pay by adding Google Pay, Phone Pay, etc.