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    Interoperable Cardless Cash Withdrawal ICCW

    Uploaded by

    Shivam Rajput

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Interoperable Cardless Cash Withdrawal ICCW

    Uploaded by

    Shivam Rajput
    9 views2 pages

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    9 views2 pages

    Interoperable Cardless Cash Withdrawal ICCW

    Uploaded by

    Shivam Rajput

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    UPI-ATM Cash Withdrawal

    UPI-ATM is an Interoperable Cardless Cash Withdrawal (ICCW) service that facilitates participating bank’s
    customers who are live on UPI, to withdraw cash from any participating banks’ ATMs (enabled for UPI-
    ATM) without using their card.

    Once the customer selects the option ‘UPI cash withdrawal’ at the ATM, customer shall be prompted to
    enter the withdrawal amount. After entering the amount, a single use dynamic QR code (signed) shall be
    displayed on the ATM screen. Customer needs to scan the QR code using any UPI APP* and authorize the
    transaction with UPI PIN on the mobile (UPI APP) to get cash from the ATM.

    Customer journey:

    Step 1 Step 2 Step 3


    Step 1 Step 1 Step 1

    Customer selects the A single use


    ATM will prompt
    option dynamic QR code
    the customer to
    (signed) shall be
    ‘UPI cash withdrawal' at enter the
    displayed on ATM
    the ATM withdrawal amount
    screen

    Step 4 Step 5
    Step 1 Step 1

    User to scan the QR code Cash is dispensed


    using any UPI App* on his (for successful
    mobile, authorize the transactions)
    transactions using UPI Pin

    * UPI App which is enabled for UPI-ATM transactions.

    Some of the main features of the UPI-ATM service are as follows:


    a) Interoperable
    b) Card-less Transaction
    c) Transaction limit is up to ₹10,000/- per transaction. It shall be part of the existing
    UPI per day limit and as per the limits set by Issuer Bank for UPI-ATM transactions.
    d) Convenience i.e. no need to carry card for ATM cash withdrawal.
    e) Can withdraw cash from multiple accounts using UPI APP
    List of Banks/WLAOs and UPI APPs enabled for offering UPI-ATM services – UPI cash withdrawal

    Sr. UPI
    Bank Name Issuer Acquirer
    No APP
    1 BHIM UPI App - - Live
    2 State Bank of India Live Live* Live
    3 Bank of Baroda Live Live* Live
    4 Union Bank of India Live Live* Live
    5 City Union Bank Live Live* Live
    6 Indian Bank Live Live* Live
    7 Central Bank of India Live Pilot Live Live
    8 Bank of India Live Pilot Live Live
    9 Canara Bank Live Pilot Live Live
    10 Punjab National Bank Live Pilot Live -
    11 Yes Bank Live Live* Live
    12 ICICI Bank Live Pilot Live -
    13 Indusind Bank Live Pilot Live Live
    14 Utkarsh Small Finance Bank Live Pilot Live Live
    15 Indian Overseas Bank Live - -
    16 Punjab and Sind Bank Live - -
    17 UCO Bank Live - -
    18 HSBC Live - Live
    19 Karur Vyasa Bank Live - -
    20 Federal Bank Live - -
    21 Ujjivan Small Finance Bank Live - -
    22 Equitas Small Finance Bank Live - -
    23 Suryoday Small Finance Bank Live - -
    24 Fincare Small Finance Bank Live - -
    25 Hitachi NA Pilot Live -
    * On ATMs enabled for UPI-ATM
    Also, 5 Co-Op Banks and 13 RRBs are live as an Issuer on UPI-ATM Cash withdrawal.
    Note: Customers of (Live) Issuer banks’ can do card less cash withdrawal transaction
    using the UPI APP on UPI-ATM enabled ATMs of Acquirer Banks/WLAOs

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