- The National Payments Corporation of India introduced the UPI-ATM service, also known as Interoperable Cardless Cash Withdrawal.
- Users can withdraw cash from any ATM that supports UPI-ATM functionality by scanning a dynamic QR code with a UPI app and authorizing the transaction with their UPI PIN.
- This new method, which doesn’t require a physical card, allows cash withdrawals from multiple accounts and eliminates reliance on mobile numbers and OTPs for cardless withdrawals.
Menu
