A step-by-step guide on withdrawing cash from ATM using UPI apps

Withdrawing without debit or credit cards reduces chances of transaction failure due to wrong PINs, or lost or stolen cards; note, however, that very few banks offer UPI-based withdrawals currently

Many of us today are settling most of our purchases and transactions using the UPI payment mechanism. And now, one can even withdraw cash from ATMs without a debit or credit card, by using UPI apps such as Google Pay, Paytm, PhonePe.

After the Reserve Bank of India's (RBI's) proposal, the National Payments Corporation of India (NPCI) introduced a feature called Interoperable Cardless Cash Withdrawal (ICCW), which allows people to withdraw from ATMs using their UPI apps.

It should be noted that a cardless cash withdrawal facility using UPI is currently only available for select banks. The banks offering a