Cryptocurrency Q&A Can QR code be used to withdraw money?

Can QR code be used to withdraw money?

HallyuHeroLegend HallyuHeroLegend Sun Dec 15 2024 | 7 answers 1951
I'm wondering if it's possible to use a QR code for withdrawing money. I've seen QR codes being used for payments, but I'm not sure if they can also be used to take out cash from an account. Can QR code be used to withdraw money?

7 answers

BlockchainVisionary BlockchainVisionary Tue Dec 17 2024
Choosing the "UPI Cash Withdrawal" option on an ATM allows users to initiate a special type of transaction.

Was this helpful?

105
92
KimchiQueenCharm KimchiQueenCharm Tue Dec 17 2024
Following the successful completion of the UPI transaction, the ATM proceeds to dispense the requested cash amount.

Was this helpful?

314
76
ShintoSanctum ShintoSanctum Tue Dec 17 2024
On selecting this option, users are prompted to enter the desired withdrawal amount on the ATM screen.

Was this helpful?

328
63
Valeria Valeria Tue Dec 17 2024
The process then involves conducting a UPI transaction, which can be done via a QR scan payment using Google Pay.

Was this helpful?

357
44
Michele Michele Tue Dec 17 2024
Once the QR code is scanned and the payment is confirmed on Google Pay, the transaction is deemed successful.

Was this helpful?

218
28
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts