Can i withdraw cash with google pay

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

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Top Comment

Vaibhav Sharma

173 days ago

This is the end of debit/atm cards. Great to see such facilities in a developing nation

Here is a step-by-step guide to withdraw money from ATMs via Google Pay, Paytm and other UPI-based payment apps.

By India Today Web Desk: The world has evolved through various digital payments to make purchases without cash. The NCR Corporation has come up with the first Interoperable Cardless Cash Withdrawal (ICCW) solution present on UPI platforms that will help users withdraw money through UPI apps. The UPI apps involve Google Pay, Paytm, PhonePe and other apps available.

This facility will help users to withdraw cash without carrying debit or credit cards. It will be a hassle-free experience that will help people in situations like forgetting, losing, or declining cards. The essential need to withdraw cash needs an ATM machine with UPI service, UPI-based payment apps like GPay, PhonePe, Amazon Pay, and Paytm with an active internet connection.

STEPS TO WITHDRAW MONEY FROM THE ATM USING UPI BASED PAYMENT METHODS:

Step 1: Visit any ATM machine and select the Withdraw cash option.

Step 2: Select the UPI option on the ATM machine screen.

Step 3: Then, a QR code will be displayed on the ATM screen.

Step 4: Now, choose any UPI-based payment app on your device and switch to the QR code scanner.

Step 5: Once the code is scanned, the user needs to withdraw the amount required within a current limit of Rs 5,000.

Step 6: Enter the UPI PIN to withdraw money by clicking on the ‘Hit Proceed’ button.

Published On:

May 19, 2022

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