The field of technology is progressing very fast not in India but all over the world. During the recent past, many technologies in the field of payment and banking have developed rapidly. One such technology is UPI i.e. Unified Payment Interface developed in India. Where earlier we could make payments only using cards and cash, now we can make payments using only our smartphones. Now gradually expansion can be seen in the field of UPI and now through UPI you will also be able to withdraw money from ATM.
So here we will share How To Withdraw Cash From an ATM Using UPI? More than 310 million users use UPI in India. Apart from India, its services are also there in many foreign countries. A large population of India chooses UPI for their transactions by using different apps like Paytm, Google Pay. UPI service is available everywhere from a small teat stall to 5 star hotel. You can also use UPI for cab service online food delivery. As the initiative of UPI ATM launched on 5 September 2023 can have a deep impact on the way of transactions.
UPI Cash Withdrawal ATM Near Me
The first UPI ATM has launched in India so here we will tell you more about UPI ATM in your city. To use it, you will not need a debit or credit card but a mobile phone. UPI-ATM has been launched for the first time in the country by Hitachi Payment Services in collaboration with National Payments Corporation of India. Crores of UPI users of the country will benefit from this service.
UPI-ATM is a white label ATM, which provides interoperable cardless cash withdrawal facility. Customers of banks linked to this can withdraw cash without any card. Users can withdraw Rs 10000 at a time and this is part of the daily UPI limit. UPI-ATM has been launched in India and you will get cash on scanning QR Code at this ATM.
UPI Hitachi ATM 2023 Details
|Name of Organization||National Payments Corporation of India (NPCI)|
|ATM Powered by||Hitachi Payment Services|
|Launched on||5 September 2023|
|Available in||Tier 1 and 2 Cities|
|Max Cash Withdrawl Limit||Rs 10000|
UPI ATM- Major Banks Name
- Canara Bank,
- Central Bank of India
UPI ATM- Major App
- BHIM UPI,
- Google Pay,
UPI ATM- Features and Use
A video demo has been shared on social media, in which the UPI ATM can be seen in the form of a touch panel. Tapping on UPI Cardless Cash option opens another window, In which there is a button for cash amount options like Rs 100, Rs 500, Rs 1000, Rs 2000, Rs 5000 and other amounts. After selecting it the QR code appears on the screen.
Now you have to scan using any UPI app and once the code is scanned, users will be asked to select their desired bank account and click on confirm. Now you have to confirm to withdraw cash then fill UPI PIN. On doing this, a UPI message will be sent that the transaction is about to happen. After this the ATM will dispense the amount. UPI ATM is built on Android operating system.
Steps to Withdraw Cash from UPI ATM
- Visit the UPI-enabled ATM near your area
- Select the option of “UPI Cash Withdrawal” given on the screen of the UPI ATM machine.
- After this enter the amount for cash withdrawal like Rs 100, Rs 500, Rs 1000, Rs 2000, Rs 5000
- Now scan the single use dynamic QR Code given on the screen with your mobile.
- Fill the PIN sent to your mobile via SMS
- After validation, cash will dispense from the ATM machine.
UPI Cash Withdrawal ATM- FAQs
From India’s first Hitachi UPI-ATM, you can withdraw only Rs 10,000 at a time by scanning the QR code.
Cardless ATMs are already there in India, that is, even without using a card, you can withdraw cash using mobile and OTP, but in UPI ATM you will not need any card.