UPI ATM started, no card required to withdraw money, know how it will work- India The News


New Delhi. We all know about the facility of withdrawing money from ATM machine through debit card. But now with increasing technology, you can withdraw money from ATM machine even without card. Actually, UPI ATM has been started in the country. You can withdraw cash from ATM by scanning UPI QR code from your mobile.

Let us tell you that UPI payment has become the most popular payment method in everyday life. Now you can also withdraw money from ATM through UPI and it has been started successfully. This ATM has been developed by National Payment Corporation of India (NPCI).

How to withdraw money from UPI ATM

In UPI ATM, you will see Welcome to UPI ATM written on the screen.
The customer has to choose ‘UPI Cash Withdrawal’ option in the ATM.
As soon as you click on the screen, you will be asked how much amount you want to withdraw.
Now enter the amount.
After entering the amount a QR code will be displayed on the screen.
You will scan this code with any supported UPI app like BHIM, PhonePe, GPay.
After this you will have to enter the PIN of your UPI app.
Then the cash amount will be distributed. In this way you can collect your cash.
Features of UPI ATM

>> interoperable
>>Cardless Withdrawal
>> Transaction limit is up to ₹10,000/- per transaction. This will be part of the existing UPI daily limit and will be as per the limit set by the issuing bank for UPI-ATM transactions.
>> Convenience means no need to carry the card to withdraw cash from the ATM.
>>You can withdraw cash from multiple accounts using UPI APP.

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