Digital Payments and Transactions: Year-, Month-, State- and District-wise Volume of Transactions done through National Financial Switch (NFS) System

High Frequency Indicator: The dataset contains year-, month-, state- and district-wise compiled data on the volume of transactions which have been done through National Financial Switch (NFS) System Notes: 1. NFS (National Financial Switch) is a financial service which has a ATM network of 37 members and connects about 50,000 ATMs. It primary enables cardholders of participating member banks to use NFS networked Cash Recyclers/Cash Deposit Machines to deposit cash in their own account or third party account through its services such as UPI-ATM Cash Withdrawal, Interoperable Cash Deposit (ICD), etc. Apart from this, the other financial and non-financial services that NFS enables through its network are Mobile Banking Registration (MBR), Card-to-Card Fund Transfer (C2C), Cheque Book Request (CBR), Statement Request (SR), Aadhar Number Seeding (ANS), etc. These services are available for customers of participating member’s banks on participating members ATMs. 2. NFS is taken over by National Payments Corporation of India (NPCI) from Institute for Development and Research in Banking Technology (IDRBT) on December 14, 2009