ATM: No cards needed. Scan QR codes on UPI app and withdraw money, how it works
This new facility allows customers to withdraw cash using their mobile with any UPI enabled app such as BHIM, Paytm, GPay etc
NCR Corporation, the maker of automated teller machines (ATMs) said that it has launched the first interoperable cardless cash-withdrawal (ICCW) solution based on the Unified Payments Interface (UPI) platform. City Union Bank has joined hands with NCR to install this new facility, the lender said. The bank has already upgraded its 1,500 ATMs to allow QR code-based interoperable cardless cash withdrawal facility.