You can now withdraw cash from ATM using UPI: Here’s how this will work

Hitachi Payment Services earlier this week launched India’s first UPI-ATM, in association with the National Payments Corporation of India, offering secure cardless cash withdrawals.

The company’s new offering will connect users to the organization’s UPI payments system and eliminate the need for physical cards.

UPI ATM allows customers of participating banks to withdraw cash without using an ATM or debit card. White-label ATMs are those that are owned and operated by non-bank entities.