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Qr Code Based Coin Vending Machine (qcvm)

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MC Explains: What is QR Code based coin vending machine? All you need to know

RBI is preparing QR Code based Coin Vending Machine - Pilot project announced in the February 8 monetary policy
RBI Policy: QR Code-based Coin Vending Machine pilot on cards, to be launched in 12 cities

These vending machines will dispense coins against debit to the customer’s account using UPI instead of physical tendering of banknotes, RBI governor said.

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