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The Reserve Bank of India (RBI) has also encouraged banks to make the the Interoperable cardless cash withdrawal (ICCW) option available for ATMs in order to prevent card fraud such as cloning, skimming, etc.
Cash Withdrawal Using UPI: The Interoperable Cardless Cash Withdrawal (ICCW) feature allows people to withdraw money from ATMs even if they do not have the cards. In this article, we have provided you with a step-by-step guide to withdraw cash using UPI from ATMs.
The Reserve Bank on Thursday asked banks to provide the option of Interoperable Card-less Cash Withdrawal (ICCW) at their ATMs, a move aimed at curbing frauds like skimming, card cloning and device tampering.
Here's a step-by-step guide of how you can withdraw cash from ATMs without using a debit card or a credit card.
The Reserve Bank on Thursday asked banks to provide the option of Interoperable Card-less Cash Withdrawal (ICCW) at their ATMs, a move aimed at curbing frauds like skimming, card cloning and device tampering. Currently, cardless cash withdrawal through ATMs is offered by a few banks for their custom