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 ATMs to operate without a card

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

ATMs to operate without a card  Vide
PostSubject: ATMs to operate without a card    ATMs to operate without a card  Icon_minitimeWed Jun 13, 2012 4:09 am

New technology to enable people to withdraw money from cash machines using their smartphone has been unveiled.

Customers who use the Royal Bank of Scotland (RBS) or NatWest mobile banking app can now request cash, up to £100, via their smartphone.

They are given a six-digit code to enter into an ATM to release the cash.

A similar system has been developed by cash machine operator NCR. This requires users to scan a barcode to withdraw the money.

The services are the latest developments in a long-predicted move towards the smartphone becoming a digital wallet.

http://www.bbc.co.uk/news/business-18409560
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