With the world going computerized, particularly after the Covid-19 pandemic, the United Payments Interface (UPI) has ended up being one of the main techniques for payment in India.
UPI, first sent off in 2016, empowers the client to interface numerous bank accounts to a solitary application. It helps in moving cash and furthermore making payments online. The UPI goes under the aegis of the National Payments Corporation of India (NPCI).
The NCR Corporation has now presented another component by means of which clients will actually want to withdraw cash from the ATMs utilizing UPI. The technique, called Interoperable Cardless Cash Withdrawal (ICCW), can be utilized with Google Pay, PhonePe, PayTM, and others.
The main thing you will require is an ATM and a functioning web association. The put forth upper line for such a withdrawal is Rs 5,000.
Here is a step by step manual for withdrawing cash from ATM utilizing UPI
Step 1: Visit the closest ATM and select the ‘withdraw Cash’ choice
Step 2: Select the ‘UPI’ choice
Step 3: A QR code will presently be shown on the ATM screen.
Step 4: Open your UPI payment application on your cell phone and sweep the QR code.
Step 5: Once the code is filtered, you can enter the sum you need to pull out. (Not more than Rs 5000)
Step 6: Enter your UPI PIN
Step 7: Click on ‘Hit Proceed’
Step 8: Your cash will be removed.
