By India Today Tech: The Reserve Bank of India (RBI) has directed all banks, ATM networks, White Label ATM Operators or WLAOs to offer Interoperable Card-less Cash Withdrawal (ICCW) facility across all ATMs in the country. Once the facility is live for all banks, everyone will be able to withdraw cash from ATMs without using debit or credit cards.
RBI has also asked the National Payments Corporation of India (NPCI) to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks to help in authenticating the transactions. “All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs. NPCI has been advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks,” RBI wrote in a recently released circular.
The central bank further explained that customer authorization will be done with the help of UPI but the settlement will be done through the National Financial Switch (NFS) or the ATM networks. “The on-us / off-us ICCW transactions shall be processed without levy of any charges other than those prescribed under the circular on Interchange Fee and Customer Charges,” the circular noted.
The withdrawal limits will be in line with the limits for regular on-us and off-us ATM withdrawals, the central bank noted. “All other instructions related to Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions shall continue to be applicable,” the circular noted.
Currently, only select banks like ICICI and HDFC offer cardless cash withdrawal facility at their ATMs. As days pass, all other banks operating in the country will allow customers to withdraw money from ATM without the help of their debit or credit card. Let’s take a quick look at how you can withdraw money from ATM without using debit and credit card.
How to withdraw cash without using the card
To use this facility, one needs to request the bank to enable the facility first. Here’s how to do this (for ICICI bank):
-Head over to Services in the ICICI Bank mobile app.
-Click on the Cardless cash withdrawal option.
- Enter the amount, followed by the 4-digit temporary PIN, and select the account number from which you want to use to withdraw the money.
-You will then need to confirm the details displayed on the pre-confirmation screen.
-Click on the submit option.
Once the facility is successfully activated, you will receive a message with a unique 6-digit code on the registered mobile number from the bank. The code will be valid only for up to six hours. The next steps to be followed include:
-Visit your nearest bank ATM (ICICI bank ATM in this case) and enter details like -- the registered mobile number, the temporary 4-digit code that you have set, the 6-digit code that you received in SMS, and the withdrawal amount.
-Once these details are authenticated, cash will be dispensed from the ATM.
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FAQs
If you don't have access to these banks or their cardless ATMs, your next best option for making a withdrawal is by visiting a branch of your bank. There, you can speak directly with a teller and they can confirm your identity and your account and allow you to make withdrawals.
How can I get money out of my ATM without a card? ›
If you don't have access to these banks or their cardless ATMs, your next best option for making a withdrawal is by visiting a branch of your bank. There, you can speak directly with a teller and they can confirm your identity and your account and allow you to make withdrawals.
Can I use Google pay to withdraw money from ATM? ›
Google Wallet lets you withdraw money at any ATM that has the contactless symbol. It's easy to use, and you get access to some quick funds.
Does 7 Eleven have cardless ATM? ›
👉 Available at 7-eleven convenience stores....
Can I withdraw cash using my phone? ›
Simply open our app, select 'Contactless cash' and enter how much you'd like to take out. Then, when you're ready to make the withdrawal, type your card's PIN and tap your smartphone onto the machine's reader to finish.
Can I use Apple Pay at ATM? ›
You may also be able to use Apple Pay at an ATM machine to make a cash withdrawal², if the ATM supports contactless — and therefore cardless — withdrawals. To find an ATM that takes Apple Pay you'll need to look out for the contactless symbol which will be displayed prominently on the ATM machine.
How can I withdraw money from ATM with mobile? ›
First, go to any ATM & select the “Withdraw Cash” option. From the “Withdraw Cash” option, you must select the UPI option on the ATM screen. The QR code will be displayed on the ATM screen. Now, you must open any UPI payment app on your phone and turn on the QR scanner code.
How can I withdraw money from ATM with QR code? ›
Users can either withdraw money from ATM through UPI or IMT service without using their ATM card. Customers will scan the QR code by activating the QR canner on the UPI app or provide the required details needed for IMT service and withdraw the required money in just a few seconds from the ATMs of participating banks.
Does Walmart have cardless ATM? ›
Does Walmart have cardless ATMs? No. All Walmart ATMs require the use of a debit or bank card.
How can I take money without a card? ›
Did you know that you can withdraw cash from an ATM without a card?
- Add a beneficiary.
- Request for cardless cash withdrawal through HDFC Bank NetBanking.
- Cash withdrawal from HDFC bank ATM by the beneficiary.
- Transaction limit.
- Benefits of cardless cash withdrawal:
- Convenient.
- Secure.
On iPhone: open the Wallet app, tap your Apple Cash card, tap the More button. , then tap Transfer to Bank. . On iPad: open the Settings app, tap Wallet & Apple Pay, tap your Apple Cash card, then tap Transfer to Bank.
Can I use cardless ATM with Cash App? ›
Yes, you can withdraw money from Cash App without a card if you link your bank account to it.
Can I withdraw money contactless? ›
You can still use NFC technology with certain credit or debit cards. All you have to do is tap the card against the reader, and it'll work just like your smartphone. Withdrawing cash at ATMs via your smartphone. You can now take out cash at NFC-enabled cash machines—no debit card required.
What can I use to withdraw money from ATM? ›
To withdraw money from an automated teller machine (ATM) you will need your debit card specific to your checking account, and your 4-digit PIN number ready.
Can we scan and withdraw money from ATM? ›
Step 1: Go to an ATM and choose the withdraw cash option. Step 2: On the ATM machine's screen, choose the UPI option. Step 3: After that, the ATM screen will show a QR code. Step 4: Switch to the QR code scanner and select any UPI-based payment app from your device.
How do you withdraw money from an ATM with a virtual card? ›
4. Can I withdraw cash from ATMs with a virtual card? Yes, the virtual card allows you to withdraw cash from ATMs that support contactless use. You will need a digital wallet (e.g. Apple Pay, Google Pay) and second, a virtual card PIN code, which you will find on the LHV mobile app or internet bank.
Can I withdraw using QR code? ›
Select “Withdraw” then “Via QR.” Pick the account, input the amount, and save the QR Code. Each QR Code is unique to each withdrawal transaction.
Can you do cardless ATM with chime? ›
No, Chime doesn't offer cardless ATM withdrawals, meaning you cannot withdraw money from Chime if you don't have your debit card on you.
Is Walgreens ATM free for cash app? ›
Cash Cards work at any ATM, with just a $2.50 fee charged by Cash App.
Can I withdraw money from my digital wallet? ›
CONTACTLESS ATM Get cash without your card
Adding your debit card to your Digital Wallet means you can get cash using your phone. Just select your card in your wallet and hold your phone over the Contactless Symbol at any Bank of America ATM.
Rest assured, you have many simple options to choose from.
- Use an ATM. If you have an ATM (Automated Teller Machine) card or debit card linked to your bank account you can visit an ATM to withdraw some cash. ...
- Write a Check for Cash. ...
- Fill Out a Withdrawal Slip. ...
- Link Your Account to a Peer-to-Peer Payment Service.
Borrowing on Cash App
- Open Cash App.
- Tap on the home screen icon, if necessary, to navigate to the “Banking” header.
- Check for the word “Borrow.”
- If you see “Borrow,” you can take out a Cash App loan.
- Tap on “Borrow.”
- Tap “Unlock.”
- Cash App will tell you how much you'll be able to borrow. ...
- Select your repayment plan.
Cash App Withdrawal FAQs
Yes, you can withdraw money from Cash App without a card if you link your bank account to it.
