ATM Cash Withdrawal Using UPI: How It Works, A Step-By-Step Guide
The white label ATM (WLA), a video of which went viral in which a person was making a cardless cash withdrawal through UPI-ATM, offers secure cardless cash withdrawals
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UPI-ATM: A Step-By-Step Guide
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On the screen of the UPI-ATM, click on ‘UPI Cardless Cash’
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Several fastcash options will be shown — 100, 500, 1,000, 2,000, and 5,000. Choose the option as per your need.
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A QR code will be displayed. Now, open your UPI app like GPay, PhonePe or any other UPI app and scan the code and approve the payment.
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Now, ‘Confirm To Withdraw Cash’ will be displayed. Click on ‘Proceed’.
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Enter your UPI PIN.
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Now, the cash will be dispensed from the UPI-ATM or WLA. Though the facility is currently not available for the general public, it will be rolled out soon
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UPI has been the fastest-growing payment mode in the country and accounts for more than 50 per cent of digital transaction volumes.