Cash Withdrawal Without Debit Card: Jio Payments Bank Launches New Service

Jio Payments Bank, a subsidiary of Jio Financial Services, has introduced a new UPI-based cash withdrawal service. The company stated that this initiative, being offered through its business correspondents at touchpoints, marks a significant step toward strengthening the digital payments ecosystem.

The service has been specifically designed to benefit users in rural and semi-urban areas. Customers can conveniently withdraw cash by scanning a QR code using their UPI-enabled apps.

Jio Financial Services clarified that this facility allows users to access cash without the need for a debit card or ATM, making the process more accessible and user-friendly.