Debit Card: People always have a bank account in today's era. At the same time, along with the bank account, people will also have an ATM card. ATM card is also known as a Debit card. Through debit cards, people can withdraw cash through ATMs. However, now it has become even easier to withdraw cash from the ATM and if you want, you can withdraw cash even without an ATM card. However, for this, people need to have UPI. Even if you have UPI and do not have an ATM, you can withdraw cash from an ATM. Let us know how you can take advantage of this facility…
Cardless Cash Withdrawal
Debit cardless cash withdrawal allows bank customers to withdraw cash from their bank's ATM without using their card. The bank should be live on UPI to allow this facility. The ATM should also enable UPI-ATM interoperable card-less cash withdrawal facility.
How to withdraw cash from an ATM using UPI
First of all, the customer has to select the UPI cash withdrawal option at ATM while withdrawing cash. Then the customer has to enter the amount he wants to withdraw. This amount should be present in your bank account.
Scan the QR code
In the next step, a single-use dynamic QR code (signed) will appear on the ATM screen. Now, the customer needs to scan the QR code using any UPI application on his mobile. He needs to authorize the transaction using the UPI PIN. Once the amount is debited in UPI, the user has to select 'Press Here for Cash' at the ATM. If the transaction is successful, the cash will be withdrawn.
