Use UPI To Withdraw Cash From ATM, Details Inside

Now one may ditch the traditional method of using ATM card for withdrawing money from the ATM card. Hitachi Payment Services recently, in association with the National Payments Corporation of India (NPCI) introduces India's first-ever UPI ATM.

The system enables to withdraw money from the ATM through UPI ATM i.e. you may not have to carry ATM card with yourself.

Here are the following steps how to withdraw money using UPI ATM:

Step 1: Click on 'UPI Cardless Cash' on the UPI-ATM screen

Step 2: Choose the option 100, 500, 1,000, 2,000, and 5,000 shown on the screen as per your need.

Step 3: A QR code will be displayed. Now, open your UPI app like GPay, PhonePe or any other UPI app and scan the code and approve the payment.

Step 4: Now, 'Confirm To Withdraw Cash' will be displayed. Click on 'Proceed'.

Step 5: Enter your UPI PIN.

This means one may withdraw cash using UPI ATM without the ATM card. In other words, a person may do a cardless transaction. Though the facility is currently unavailable to the general public, the facility will commence soon.

UPI has been the most common and fastest-growing payment mode in the country. And more than 50 per cent of the people use digital method for all types of transaction.

According to the NPCI, the launch of the 'UPI ATM' will make a remarkable place in banking services. This will ease the process of ATM transaction without the use of cards by using UPI into traditional ATMs. This innovative concept is designed to enable fast access to cash especially in remote areas of India without the need for a physical card.