Authentication is completed using a PIN or biometric verification (such as fingerprint) on your mobile device. The ATM then dispenses cash without requiring the insertion of a physical card.

Recently, it was discovered that the banks have adopted smart advancements, which as the ability to withdraw cash from ATMs without using an ATM card.

Key Takeaways Common debit card fees include monthly maintenance, overdraft, ATM, and foreign transaction fees; prepaid cards may have inactivity fees.

In a recent move, customers now have the convenience of utilising their UPI app to deposit cash at their bank ATMs, eliminating the necessity for debit cards or physical cards.