Hitachi Payment Services and NPCI Launch UPI ATM Services

New Delhi :

The use of the Unified Payments Interface (UPI) has soared in India, making digital transactions more accessible than ever.

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Until now, UPI was primarily used for peer-to-peer transactions through QR codes or mobile numbers. However, a groundbreaking development has emerged – UPI-enabled ATMs.

In a partnership with the National Payment Corporation of India (NPCI), Hitachi Payment Services has introduced UPI ATMs, known as White Level ATMs (WLA).

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With this service, customers can now withdraw cash without the need for a debit or credit card.

No More Card Dependency:

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At the recent Global Fintech Fest held in Mumbai on September 5th, the Hitachi MoneySpot UPI ATM made its debut to the public. These UPI-enabled ATMs are set to be deployed across multiple locations, promising to eliminate the necessity for ATM cards when accessing cash.

Anyone with a UPI app on their smartphone will be able to seamlessly withdraw money from these ATMs.

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Words from Hitachi Payment Services:

During the launch event, Sunil Vikasme, the Managing Director and CEO of the Cash Business Department at Hitachi Payment Services, expressed his thoughts. He stated that UPI-ATMs offer an effortless, secure, and user-friendly experience.


How to Withdraw Money from UPI ATM:

Making a cash withdrawal from a UPI ATM is a straightforward process. Here’s a quick guide:

  1. Select Withdrawal Amount: Begin by choosing the desired withdrawal amount using the ATM interface.
  2. QR Code Display: After selecting the amount, a QR code displaying the chosen sum will appear on the ATM screen.
  3. Scan with UPI App: Open your UPI app on your smartphone and scan the QR code displayed on the ATM screen.
  4. Enter UPI PIN: To complete the transaction securely, enter your UPI PIN when prompted.
  5. Cash Withdrawal: Once the UPI PIN is verified, the ATM will dispense the requested cash.

With these user-friendly UPI ATMs, Hitachi Payment Services and NPCI aim to simplify the process of cash withdrawals, making it cardless, convenient, and secure for customers across India.

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