UPI to become the new ATM, just scan and withdraw cash,; knowhowitworks

Now customers don't need to take the pain to find an ATM and use their debit card for cash withdrawal, as this has become much easier with easier options now available. A new system has been proposed to make the unified payments interface (UPI)-based withdrawal facility accessible to more than 2 million business correspondents (BCs) nationwide. Presently, the system of cardless cash withdrawal is restricted to UPI-enabled ATMs only, which disburse only Rs 1,000 in a single transaction in urban areas and Rs 2,000 in rural regions. If this proposal gets approval, under the new system, this limit would be raised to Rs 10,000 per transaction, making this more flexible.