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About: National Financial Switch     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:System108435388, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: broadcasteryago:Abstraction100002137yago:Group100031264yago:Network108434259yago:WikicatInterbankNetworksInIndiayago:System108435388 New Facet based on Instances of this Class

National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India. It was designed, developed and deployed by the Institute for Development and Research in Banking Technology (IDRBT) in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking. It is run by the National Payments Corporation of India (NPCI). As on 31st January’ 22, there were 1,203 members that includes 111 Direct, 1,045 Sub members, 43 RRBs and 4 WLAOs using NFS network connected to more than 2.55 Lac ATM (including cash deposit machines/recyclers).