Forget debit card, now through UPI, you can withdraw money quickly from ATM, this way you can withdraw.
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Forget debit card, now through UPI, you can withdraw money quickly from ATM, this way you can withdraw.Government sector Bank of Baroda (BoB) has started the service of withdrawing money from ATMs through UPI. BoB on Monday launched the Interoperable Cardless Cash Withdrawal (ICCW) facility, wherein a customer can withdraw cash from the bank’s ATMs using UPI. BOB said in a statement that it is the first public sector bank to offer cash withdrawal facility from ATMs through UPI.
Customers of other banks can also take advantage of this service.
Forget debit card, now through UPI, you can withdraw money quickly from ATM, this way you can withdraw. The bank said that by availing its ICCW facility, customers of other banks will also be able to withdraw cash from ATMs using BHIM UPI and other UPI applications. Customers will not need to use debit cards to withdraw cash from Bank of Baroda ATMs.
In this way you will be able to withdraw money from UPI
To avail this service, the customer has to select the ‘UPI Cash Withdrawal’ option at the Bank of Baroda ATM. Then after entering the amount to be withdrawn, a QR code will be displayed on the screen of the ATM. This code has to be scanned using an authorized UPI app for ICCW to authorize the transaction.Forget debit card, now through UPI, you can withdraw money quickly from ATM, this way you can withdraw.
Debit card is no longer needed
The bank’s chief digital officer Akhil Handa said the introduction of the ICCW service would give customers the freedom to withdraw cash without using a card. At BOB ATMs, customers can do two transactions in a day and a maximum of Rs 5,000 can be withdrawn at a time.
Forget debit card, now through UPI, you can withdraw money quickly from ATM, this way you can withdraw.
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