RNFI and Jio Payments Bank Launch Nationwide UPI QR Cardless Cash Withdrawal Service
2 hours agoBusiness
32LENS
2 SourcesIndia
TBNthebalanced.news

RNFI and Jio Payments Bank Launch Nationwide UPI QR Cardless Cash Withdrawal Service

RNFI Services Limited, via its fintech platform Relipay, has launched a nationwide UPI QR-based cardless cash withdrawal service in partnership with Jio Payments Bank. Following a successful pilot, customers can withdraw cash by scanning a UPI QR code at authorized outlets within RNFI's Business Correspondent network, entering the amount, and authenticating with their UPI PIN. The service, available across urban, semi-urban, and rural areas, offers transaction limits of Rs. 5,000 per withdrawal, Rs. 10,000 daily, and Rs. 50,000 monthly, aiming to enhance cash access without ATM cards or biometrics.

Political Bias
0%100%0%
Sentiment
75%
21 stories available
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Bias Analysis: The articles present a neutral business and technology perspective, focusing on the service launch without political framing. They include statements from RNFI's CEO emphasizing financial inclusion, reflecting a corporate viewpoint. No political parties or ideological positions are involved, and coverage centers on technological innovation and customer convenience.

Sentiment: The tone across the articles is positive and informative, highlighting the benefits of the new service such as ease of use, security, and expanded cash access. There is no critical or negative sentiment; instead, the coverage emphasizes the potential for improved financial inclusion and transaction efficiency.

Lens Score: 32/100 — Story is well-covered by media outlets. Public interest: 0/100. Coverage gap: 100%.