QR Code-Based Coin Vending Machine
- The Reserve Bank of India (RBI) on February 8, 2023, in the bi-monthly monetary policy meeting announced that it is preparing a pilot project on QR Code based Coin Vending Machine (QCVM).
- (QCVM) is intended to dispense coins similar to the manner in which currency notes can be withdrawn from ATMs.
- Coins can be withdrawn using the Unified Payments Interface (UPI) QR code in designated vending machines. Coins of denomination of Rs 1 - Rs 20 will be made available in ....
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