How to withdraw money from an ATM machine using Google Pay, Paytm and other UPI-based payment apps

How to withdraw money from an ATM machine using Google Pay Paytm and other UPI-based payment apps

Debit cards have always been the primary way to withdraw money from an ATM machine. However, recently, NCR Corporation has announced that they are upgrading the ATM machines across the country with its first Interoperable Cardless Cash Withdrawal (ICCW) solution based on UPI platforms that will allow users to withdraw money using UPI apps installed on the smartphone.

This means users can withdraw money from ATM machines without using their debit or credit cards. The added functionality will come in handy in crisis situations like lost/forgot cards, card declined, etc.

If you are wondering, how to withdraw money using UPI apps from ATM, follow our step-by-step guide:

Pre-requisites:
An ATM machine with UPI service
Any UPI-based payment app like GPay, PhonePe, Amazon Pay, Paytm
Working internet connection

1.

Head to any ATM machine and choose Withdraw Cash option

2.

After this, choose the option UPI on the ATM machine screen

3.

A QR code will be shown on the ATM screen

4.

Now, open any UPI-based payment app on your phone and turn on the QR code scanner

5.

Once the code is scanned, enter the amount you want to withdraw (currently limited to Rs 5,000)

6.

Hit Proceed and enter the UPI PIN to withdraw the money.

FacebookTwitterLinkedin