Cardless UPI cash withdrawal is a new service that allows bank customers to withdraw cash from ATMs without using their debit cards.
The service uses UPI (Unified Payments Interface), a popular real-time payment system in India. To withdraw cash using cardless UPI, customers need to have a UPI-enabled app on their smartphones and a linked bank account.
To withdraw cash using cardless UPI, customers need to follow these steps:
- Go to an ATM that supports cardless UPI cash withdrawal.
- Select the “UPI” option on the ATM screen. Enter the amount you want to withdraw.
- The ATM will generate a QR code.
- Scan the QR code using your UPI-enabled app.
- Enter your UPI PIN and authorize the transaction.
- The cash will be dispensed from the ATM.
Cardless UPI cash withdrawal is a convenient and secure way to withdraw cash from ATMs. It is especially useful for people who have lost their debit cards or who do not have debit cards.
Here are some of the benefits of cardless UPI cash withdrawal:
- It is a secure way to withdraw cash, as you do not need to share your debit card details with the ATM.
- It is convenient, as you can withdraw cash from any ATM that supports UPI.
- It is a quick way to withdraw cash, as the transaction is processed instantly.
If your bank supports cardless UPI cash withdrawal, I encourage you to try it out. It is a convenient and secure way to access your cash.
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