🔔 Big News!

Fintech startup Slice has launched India’s FIRST UPI ATM in collaboration with the National Payments Corporation of India (NPCI).

This changes how we withdraw cash forever — no more cards needed!

💡 What’s a UPI ATM?

It's an ATM where you can withdraw cash using just your UPI app instead of a debit card.

You scan a QR code ➡️ enter the amount ➡️ enter your UPI PIN ➡️ and boom, cash is out. 💸

📍 Where can you find it?

Currently launched as a pilot project, Slice has installed the first UPI ATM in Bengaluru.

More cities will follow soon as the rollout expands nationwide.

⚙️ How it works:

• Go to the UPI ATM.
• Choose "UPI Cash Withdrawal".
• A QR code appears.
• Scan it using any UPI app (like PhonePe, GPay, Paytm, etc.)
• Enter the amount (up to ₹10,000 per day)
• Confirm with UPI PIN ✅
• Collect your cash! 💵

✅ No ATM card needed

✅ Works with any UPI app

✅ Secure, fast, and cardless

No worries about forgetting your wallet — just use your phone 📱

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🧠 Powered by:

• NPCI: The brain behind UPI in India.
• Slice: A rising fintech startup recently merged with North East Small Finance Bank, aiming to revolutionize digital banking.

📊 Why it matters:

• India has over 350 million UPI users.
• Many don’t carry debit cards anymore.
• This is a huge step towards a cashless + cardless economy.
• It also helps rural/young users who may not have physical cards.

🎯 Future Potential:

• Could be deployed in retail shops, kirana stores, petrol pumps, etc.
• Makes ATMs more accessible and affordable for banks.
• Slice is aiming to scale this across India in the coming months.

🗣️ Slice's vision:

“To make financial services as simple and digital-first as possible.”

The UPI ATM aligns perfectly with that — it’s fast, frictionless, and future-ready.

🧵 TL;DR:

• Slice x NPCI launched India’s 1st UPI ATM 💳❌
• Withdraw cash via UPI, no card needed
• Currently in Bengaluru, expanding soon
• Major win for digital banking in India 🇮🇳

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