Cardless Cash Withdrawal | New service introduced by SBI.. Now you can withdraw money from ATM without debit card.
Cardless Cash Withdrawal | Digital banking app YONO
India’s largest bank, State Bank of India has launched its new enhanced digital banking app YONO for Every Indian and introduced a new Interoperable Cardless Cash Withdrawal (ICCW) service at its ATM machines.
With this new ICCW service, not only SBI customers but also other bank customers can withdraw money without any debit card using UPI QR Cash service at SBI ATMs.
Now you can withdraw cash from any bank’s ATM using a debit card. In some bank ATMs, only that bank customer can withdraw money through UPI without a debit card in many parts of the country
In this situation, according to the new service introduced by the State Bank of India, all the ATMs with ICCW service, all the customers can scan the dynamic QR line displayed on the ATM machine only once and withdraw money.
Cardless Cash Withdrawal | ‘YONO for Every Indian’
State Bank of India on Sunday launched its revamped digital banking app ‘YONO for Every Indian’. Since its launch in 2017, more than 6 crore customers have registered and used YONO Seili.
78.60 lakh savings accounts were opened digitally in FY 2023 on this Uno app alone.
With the newly upgraded YONO app, bank customers can access services such as Scan and Pay, send and receive money to contacts, etc.