Today in this article we will discuss QR Cash-Cardless Cash Withdrawal from ATM Without ATM Card. Imagine what you would do if you forgot your ATM at home when you went shopping or any material purchase. Here comes your best surviving QR Cash. So these days you don’t need to carry your ATM cards to withdraw cash at an Automated Teller Machine (ATM), instead, you scan the QR code and withdraw cash.
Here we will explain what QR Cash is, and how it works and help you understand how cardless transactions can be beneficial. Then without further ado let’s dive into it.
What is QR Cash?
QR Cash is an advanced payment feature that allows you to withdraw cash from an ATM using a quick response (QR) code. Now you don’t have to worry about magnetic stripes or secret pins; all you need is your smartphone and an ATM that supports this feature.
Just open your mobile banking app, input how much money you need and a QR code will be generated. Just turn up at one of these smart ATMs, scan your code, and withdraw money as you spin.
Step-by-step to use a QR Code to withdraw cash without an ATM
Firstly, open your mobile banking app and choose the QR Cash option (if not available, update the app or contact the bank support team).
Then choose your account and enter the amount you need to withdraw. Then Enable Print customer advice and slide to confirm (if asked).
Next, from the new screen, you will see two options, WITHDRAW NOW and WITHDRAW LATER (this option is for if you have not arrived at the ATM centre).
If you are inside the ATM centre, tap on WITHDRAW NOW and continue to the ATM Screen.
Now on the ATM screen, you can see two options, “Please insert your card” or “Please touch the screen or press any key for cardless withdrawal”.
For QR Code cash withdrawal you should choose “Please the screen or press any key for cardless withdrawal”.
Then tap on the Get Started option and scan the QR code using the QR Cash function on your mobile app.
Once the payment process is successful you will receive a Withdrawal successful screen and you will successfully withdraw the cash.
If you use the Withdraw Later option, you are near the ATM centre, then you can proceed with the cashless transaction process and the validity of the transaction remains within 60 minutes.
Cardless Cash: Is It More Secure Than a Card-Based Transaction?
Yes, These Cash transactions are safe and secure as they are protected by multiple layers of encryption. Each QR code has a limited validity, so there is no chance to reuse an old code.
Cardless transactions can be linked to your smartphone banking app, ensuring the device is secure and protected from strangers.
Conclusion
So, the next time you forget your wallet or just don’t feel like carrying it, don’t worry about transactions. This Cashless Transaction method has your back and only requires a stable internet connection to set up the process.