Withdrawing funds from ATMs goes to turn into extra handy now. As per media reviews, NCR (Nationwide Money Register) Company has introduced that it’s upgrading the system of withdrawing money from ATMs. Which means that they’re bringing in Interoperable Cardless Money Withdrawal (ICCW) which is able to permit customers to withdraw money from ATMs through UPI apps with out utilizing the debit or bank cards.
That is will save customers from disaster like misplaced playing cards, declined transactions resulting from incorrect PIN and taking playing cards to ATMs. With every part changing into digitalised in at present’s time, this improve will ease out ATM visits.
Some pre-requisites to withdraw cash through UPI:
- An ATM machine having UPI service
- Any UPI-based cost app like GPay, PhonePe, BHIM, and so on.
- Ought to have a working web connection
Steps to withdraw funds with out ATM Card:
Step 1– Head to any ATM machine and select “Withdraw Money” choice
Step 2– Select the UPI choice on the ATM machine display screen
Step 3– You may be proven a QR code on the ATM display screen
Step 4– Now, open any UPI cost app in your cellphone and activate the QR scanner code
Step 5– Upon getting scanned the code, enter the quantity you wish to withdraw (as much as Rs. 5,000 as of now)
Step 6– Click on on proceed and enter the UPI PIN to withdraw the cash.
