In the future, customers of the savings banks will be able to withdraw money from ATMs contactlessly using their smartphones „Caschys Blog“ reported.
The process is simple: unlock your smartphone, open the app or Apple Wallet, hold your cell phone to the interface on the machine and enter your PIN.
The savings banks’ announcement comes about two weeks after the Volks- und Raiffeisenbanken decided to stop withdrawing money via smartphone.
Savings bank customers can now look forward to a new feature. How „Caschys Blog“ According to reports, withdrawing cash from ATMs will also be possible in the future without contact using a smartphone. Previously this was only possible via Girocard.
For this purpose, the savings banks have already equipped selected ATMs with a so-called NFC reader. Android users download the “Mobile Payments” app for the process. iPhone users, in turn, rely on the Apple Wallet. The process is simple: When you arrive at one of the new machines, all you have to do is unlock your smartphone, open the corresponding app and hold your cell phone to the marked location.
The NFC reader recognizes the digital card and then activates the “withdraw money” function. All you have to do is enter your pin. Although withdrawal is not completely contactless, customers do not always have to have their wallet in their pocket – particularly practical if contactless payments or only cash payments are not possible in the shop around the corner.
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The savings banks’ announcement comes about two weeks after the Volks- und Raiffeisenbanken decided to stop withdrawing money via smartphone. The system was too complicated and user-unfriendly compared to that of the savings banks. With the new feature, the savings banks hope to gain an edge over the competition.
LH
2023-11-12 07:25:17
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