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Definition of National financial switch

National financial switch Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
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 for the average Indian. It is run by the National Payments Corporation of India (NPCI).

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