The Reserve Bank Of India has announced the launching of a pilot project on QR code based coin vending machines.
These machines will use UPI-bases code systems to provide coins and don't use currency notes.
Earlier the customer had to drop in currency notes to get coins.
It is to be launched in 12 cities in the first phase.
The cashless coin dispenser dispenses coins in exchange for a debit to the customer's bank account via UPI.
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