Airtel Payments Bank has announced that its customers will now be able to get the facility of cardless cash withdrawals at more than 100,000 ATMs across the country. Which means that the user will get cash on the ATM without a card. For this, the company has partnered with Empays, which work for Cloud-Best Payments Solutions.
Under this partnership, the savings account of the Airtel Payments bank user will be able to withdrawals cash through IMT ie Instant Money Transfer, which is totally cardless based technology. This technique is actually used for self-withdrawal and cash-withdrawal from ATM by any other person.
This facility is currently available for more than 20,000 ATMs with IMT technology across the country for Airtel Payments Bank Holders in the initial times and the company will deliver this facility to 100,000 and ATMs by the end of this year. Let you tell that more than 100,000 ATMs in the country are with the facility of instant money transfer system which includes State Bank of India, Axis Bank and Punjab National Bank etc.
users can take this instant money transfer (IMT) facility by dialling USSD *400# from the dial or through the MyAirtel app. Along with this, Airtel has informed that through this, the customers can use different methods for cash withdrawals on ATMs with the facility of IMT technology. At the same time, under the introductory offer, the transaction fees of 25 rupees on the first two self-withdrawals will not be collected by Airtel Payments back.
About this, Anubrata Biswas, Managing Director and Chief Executive Officer of Airtel Payments Bank, says, “We believe in Digital India and to make it the only reality, we are introducing the facility of innovative digital solutions which will enable Digital Banking Help to increase. Our partnership with Empays is an important step on this to enable our customers to understand and use digital and phone-based cash withdrawals through more than 100,000 ATMs through the USSD or MyAirtel App. We are doing all these efforts to make the use of Digital Banking and Airtel Payments Bank easier and convenient. “