Till now, using UPI, money could be transferred to people only by scanning the QR code and through the number. However, now people can also withdraw money from ATM through UPI. Actually, Hitachi Payment Services has joined hands with National Payment Corporation of India (NPCI). In this partnership, UPI ATM has been launched as White Level ATM (WLA).
The use of UPI has increased rapidly in the country. Till now, using UPI, money could be transferred to people only by scanning the QR code and through the number. However, now people can also withdraw money from ATM through UPI.
Actually, Hitachi Payment Services has joined hands with National Payment Corporation of India (NPCI). In this partnership, UPI ATM has been launched as White Level ATM (WLA). Through this service, customers can withdraw cash from Money Spot UPI ATM without debit or credit card.
You can withdraw money through UPI without ATM card
Hitachi Money Spot UPI ATM was showcased in front of the people at the Global Fintech Fest held in Mumbai on 5th September. These ATMs will be installed at more than one location.
After which there will be no need for debit or credit card to withdraw cash from ATM. Through this machine, any person will be able to withdraw money from ATM through UPI app.
What did the Managing Director of Hitachi Payment Services say?
Speaking on the occasion, Mr. Sunil Vikasme, Managing Director and CEO, Cash Business Department, Hitachi Payment Services told the media that UPI-ATM is easy to use, secure and effortless. Let us now also know about the method of withdrawing money from UPI ATM.
This is how you can withdraw money from UPI ATM
Withdrawal of money from UPI ATM is very easy. You just have to follow some very simple steps. First of all, select the amount you want to withdraw in the ATM. After this a QR code will appear on your screen with the selected amount.
After this, scan the QR code from the UPI app present in your phone. After this, you will have to enter the UPI PIN to complete the transaction. After which cash will be withdrawn from the ATM machine.
