ATM Cash Withdrawal: Users can withdraw cash from ATM machines without using their debit or credit cards.
UPI Cash Withdrawal: The primary method of withdrawing money from an ATM machine has always been a debit card. NCR Corporation, on the other hand, recently announced that they are upgrading ATM machines across the country with their first Interoperable Cardless Cash Withdrawal (ICCW) solution based on the UPI platform, allowing users to use UPI installed on their smartphones. allows using. The app will be able to withdraw cash.
This means that users can withdraw cash from ATMs without having to use their debit or credit cards. The main advantage is that you will be able to withdraw cash if you forget, lose, or damage your card.
If you are wondering how to withdraw cash from ATMs using UPI app, then follow our step-by-step guide.
Essentials
ATM machines should be with UPI service.
With an internet connection, any UPI-based payment app such as GPay, PhonePe, Amazon Pay, or Paytm should work on your smartphone.
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How to withdraw cash like this
- To withdraw cash, go to the ATM machine and select the option of cash withdrawal.
- Then, on the ATM machine’s screen, select the UPI option.
- A QR code will now appear on the ATM’s screen.
- Now open any UPI app on your phone and scan the QR code.
- Now after scanning the code, enter the amount you want to withdraw. At the moment, the cash withdrawal limit is Rs 5000.
- Now enter the UPI PIN and process.