ATMs


'ATMs' Articles

Wells Fargo Will Debut ATM Apple Pay Transactions 'Later This Year'

Wells Fargo today has deployed card-free access to all 13,000 of its ATMs in the United States, while also announcing that transactions through NFC-enabled mobile wallets -- including Apple Pay -- will launch later this year. Customers will be able to make NFC withdrawals with Apple Pay, Wells Fargo Wallet, Android Pay, and Samsung Pay through a simple NFC-enabled tap and PIN authentication when the feature launches sometime in 2017. Launching today, however, is Wells Fargo's new One-Time Access Code feature, which lets customers authenticate at an ATM by entering an 8-digit code along with their debit or ATM card PIN, all without needing their physical card. To do so customers will log into the Wells Fargo app and choose "Card-Free ATM access" within Account Services to receive their 8-digit access code. After entering the code and their PIN, the company said that the ATM transaction process is the same as when using a physical card. “At Wells Fargo, we believe the future is cardless, and the launch of One-Time Access Code provides our 20 million mobile banking customers another convenient way to manage money,” said Brett Pitts, head of digital for Virtual Channels. “This new ATM feature exemplifies Wells Fargo’s commitment to innovation.” In addition to One-Time Access Code, later this year customers will be able to initiate a cardless ATM transaction with the “tap and pay” technology in an NFC-enabled smartphone. When this feature is live, a customer will be able to initiate a transaction by signing into a leading mobile wallet (Wells Fargo

Cardless Withdrawals With Touch ID Coming to Over 70,000 ATMs Across the U.S.

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. 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

Bank of America Starts Offering ATM Withdrawals Using Apple Pay

Bank of America has begun rolling out support for withdrawing cash from its ATMs using Apple Pay. Approximately 650 card-less ATMs were deployed in the San Francisco area in May, and the technology expanded to 2,400 ATMs, including eleven in the Raleigh-Durham region, in early June. The new ability was also spotted by a Reddit user located in Redondo Beach, California, who took a picture of an ATM apparently featuring an NFC reader positioned to the left of the card reader (via 9to5Mac). When a smartphone is placed on the NFC logo, the user is prompted to enter their PIN number, after which they are taken to a typical withdrawal screen, although the option to deposit money is disabled. Bank of America is said to be highlighting the new feature on supported ATMs, but customers should note that the Apple Pay option currently only works with bank cards issued by Bank of America, and not all NFC-equipped ATMs support Apple Pay at present. Bank of America has launched a website detailing the process of withdrawing cash using Apple Pay. The site notes that "Consumer Debit Cards, US Trust Debit Cards, Small Business Debit Cards (owner card only)" are currently supported. News that Bank of America and Wells Fargo were working on implementing Apple Pay into their ATMs first appeared back in January. Rollout to Bank of America's more than 16,000 ATMs was said to begin mid-2016, but no timeline was given for Wells