How to Withdraw Cash from ATM using UPI App

How to Withdraw Cash from ATM using UPI App

Now you will be able to withdraw the cash from upgraded ATM by using your UPI apps like Google Pay, PhonePe, Paytm, etc, so in this article, we learn about How to Withdraw Cash from ATM using UPI App.

As the ATM maker company(NCR Corporation), has recently launched the first interoperable cardless cash withdrawal (ICCW) solution based on the UPI platform so now if you don’t have your debit card in your pocket, then you still be able to withdraw the cash from ATM.

How to Withdraw Cash from ATM using UPI App

How to Withdraw Cash from ATM using UPI App

  1. Open any of the UPI apps that you use, like Google Pay, PhonePe, Paytm, etc on your phone.
  2. On the ATM screen, you will get a QR code, scan that QR code using your UPI app.
  3. In the third step, you need to enter the cash amount that you want to withdraw & press the proceed button. (In current time you will be able to withdraw only 5,000(five thousand rupees) at a time using this facility.
  4. Now it’ll ask you for a 4 or 6 digits UPI pin that you used in your app.
  5. In the last, Now can collect your cash from that ATM.

ATMs being upgraded

According to the information provided by DNA India, The City Union Bank has joined hands with the NCR corporation to install these ATMs based on interoperable cardless cash withdrawals (ICCW). They have upgraded more than 1500+ ATMs & work is still going on.

Is it safe to Withdraw Cash from ATM using UPI App?

According to the Navroze Dastur(managing director for India and regional vice-president for South East Asia at NCR Corporation), its the most secure facility as you don’t need to swipe the card, leave alone or carry the card physically so there is no way your card can be skimmed for one.

So from the security perspective the cardless system just going to enhance your security here.

Also cehck out:- Fast VPN Secure | How To Use Fast Vpn Secure App

What is UPI and how does it work?

How to Withdraw Cash from ATM using UPI App

The UPI stands for Unified Payment Interface, which is a real-time payment system, which can instantly transfer money from one bank account to another developed by the NPCI.

For this, you need to connect your bank account to your UPI app. There are so many popular UPI apps like PhonePe, Paytm, BHIM app, MobiKwik, Google pay, etc.

You can operate your all banks from one single app & transfer funds from one bank account to another.

Closing Remarks

So this is How to Withdraw Cash from ATM using UPI App,  In the current scenario upgrading of ATM is still in progress so maybe it’s not available in your nearby ATM,  If you use one then don’t forget to share your experience with us.

According to you which UPI app is best & why you use that, tell us in the comment section.

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