FIS and Payment Alliance International have announced a new partnership that will see cardless withdrawals with Touch ID enabled at over 70,000 ATMs at stores, gas stations, restaurants, and shopping malls across the United States.
/article-new/2016/07/PAI-ATM-Cardless.jpg)
FIS Cardless Cash is a QR code-based solution that will reduce the risk of card skimming and shoulder surfing at ATMs by allowing customers to securely withdraw their funds through an iPhone app without inserting a plastic card into the machine. All transactions will require Touch ID verification as an additional layer of security.
Payment Alliance International is the largest independent operator of non-bank-owned ATMs in the United States, and its partnership with FIS makes NYCE the first national payment network to support mobile phone-to-ATM transactions.
Bloomberg previously reported that Payment Alliance International will start rolling out the technology in August or September, and plans to have cardless cash access at 25,000 machines in the U.S. by the end of 2017. FIS and Payment Alliance International did not confirm those specific plans in their announcement.
This announcement follows in the footsteps of Bank of America rolling out support for withdrawing cash from its ATMs using Apple Pay for a few months. Wells Fargo will also enable support for Apple Pay withdrawals at many of its ATMs by year end, while Chase Bank plans to upgrade its ATMs with cardless technology this year.
Top Rated Comments
(View all)How many people still use ATMs with their horrible fees? I just get cash when I do business at a store that offers cash back.
I use ATMs all the time, but I make sure they're from my bank so I don't get any fees.How many people still use ATMs with their horrible fees? I just get cash when I do business at a store that offers cash back.
There are plenty of WF ATMs around me. No fees because I bank with them.Meh ... OK.. first READ the article people.. they say touch ID.. NOT APPLE PAY.. I repeat; this will NOT work with APPLE PAY.. they are just using their OWN 3RD PARTY APP and using Touch ID when you OPEN THE DUMB APP..
This article is hoooooribly written. They 'imply' that Apple Pay is supported.. but never say anything but 'Touch ID'.. which any app can use.
I won't use until I can just put my Apple Watch or phone up to it.. At this point you have to open the app, login, point camera to scan QR code.. da ... da .. da.. da.. dumb..
It's way easier to just pull out your card.. hardly NO one will use this.. and whats worse.. the only reason they are doing this is because they just don't want to upgrade their ATM's with NFC..
Cheep @ss banks and ATM providers.