The world has evolved through various digital payments to make purchases without cash. The NCR Corporation has come up with the first Interoperable Cardless Cash Withdrawal (ICCW) solution present on UPI platforms that will help users withdraw money through UPI apps. The UPI apps involve Google Pay, Paytm, PhonePe and other apps available.
This facility will help users to withdraw cash without carrying debit or credit cards. It will be a hassle-free experience that will help people in situations like forgetting, losing, or declining cards. The essential need to withdraw cash needs an ATM machine with UPI service, UPI-based payment apps like GPay, PhonePe, Amazon Pay, and Paytm with an active internet connection.
STEPS TO WITHDRAW MONEY FROM THE ATM USING UPI BASED PAYMENT METHODS:
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Step 1: Visit any ATM machine and select the Withdraw cash option.
Step 2: Select the UPI option on the ATM machine screen.
Step 3: Then, a QR code will be displayed on the ATM screen.
Step 4: Now, choose any UPI-based payment app on your device and switch to the QR code scanner.
Step 5: Once the code is scanned, the user needs to withdraw the amount required within a current limit of Rs 5,000.
Step 6: Enter the UPI PIN to withdraw money by clicking on the ‘Hit Proceed’ button.
