New Delhi, March 18 -- Jio Payments Bank Limited (JPBL), a wholly owned subsidiary of Jio Financial Services Limited, has introduced UPI-based cash withdrawals through its Business Correspondent (BC) network, extending digital payment capabilities into cash-dependent regions.

The move allows users to withdraw cash by scanning a UPI QR code and authorising the transaction via their UPI app, removing the need for debit cards or ATM access. The feature is designed to work across rural and semi-urban areas, where banking infrastructure remains uneven, and cash continues to dominate day-to-day transactions.

The rollout highlights a growing effort to connect India's digital payments ecosystem with on-ground cash access.

While UPI has seen wi...