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.
“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.