Debit playing cards have at all times been the first approach to withdraw cash from an ATM machine. Nonetheless, not too long ago, NCR Company has introduced that they’re upgrading the ATM machines throughout the nation with its first Interoperable Cardless Money Withdrawal (ICCW) resolution based mostly on UPI platforms that can enable customers to withdraw cash utilizing UPI apps put in on the smartphone.
This implies customers can withdraw cash from ATM machines with out utilizing their debit or bank cards. The added performance will turn out to be useful in disaster conditions like misplaced/forgot playing cards, card declined, and so forth.
If you’re questioning, easy methods to withdraw cash utilizing UPI apps from ATM, comply with our step-by-step information:
Pre-requisites:
– An ATM machine with UPI service
– Any UPI-based fee app like GPay, PhonePe, Amazon Pay, Paytm
– Working web connection
Steps to withdraw cash utilizing ATM utilizing UPI apps
Head to any ATM machine and select Withdraw Money possibility
After this, select the choice UPI on the ATM machine display
A QR code might be proven on the ATM display
Now, open any UPI-based fee app in your cellphone and activate the QR code scanner
As soon as the code is scanned, enter the quantity you wish to withdraw (at the moment restricted to Rs 5,000)
Hit Proceed and enter the UPI PIN to withdraw the cash.
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