UPI ATMs: Bank of Baroda launches 6,000 UPI ATMs

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MUMBAI: Financial institution of Baroda has gone reside with 6,000 UPI ATMs nationwide the place clients can withdraw money and not using a debit card by merely scanning a QR code on the ATM‘s show display screen. The power utilises an interoperable cardless money withdrawal expertise that permits clients of all collaborating issuer banks utilizing any UPI-enabled cellular app to withdraw from the ATMs.
“The UPI ATM facility is a handy and safe technique to withdraw money with out utilizing a card. It marries the recognition and safety of UPI with the intensive attain and availability of ATMs,” mentioned Joydeep Dutta Roy, government director of Financial institution of Baroda.

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