ReferIndia News Paymart introduces Virtual ATM services in J&K

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Paymart introduces Virtual ATM services in J&K

Published on: Feb. 24, 2026, 5:12 a.m. | Source: Daily Excelsior

Excelsior Correspondent JAMMU, Feb 23: In a major step towards enhancing financial inclusion and convenience, Chandigarh-based fintech startup Paymart India Pvt Ltd today partnered with several banks, including Jammu & Kashmir Bank, to provide Virtual ATM services across the country. The initiative aims to eliminate the need for customers to visit physical ATMs or bank branches for cash withdrawals. The move comes amid rising maintenance costs of traditional ATMs, limited penetration in rural areas and a significant surge in digital […]

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