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Author Topic: Wells Fargo Smartphone ATM.  (Read 5744 times)

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Geek-9pm

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Wells Fargo Smartphone ATM.
« on: March 28, 2017, 07:56:32 PM »
Instead of using your credit card, Wells Fargo bank is retrofitting all its ALMs to use the customers smart phone instead of a credit card to withdraw cash  from the ATM.
http://www.nbcnews.com/tech/tech-news/now-you-can-use-your-phone-withdraw-cash-wells-fargo-n737731

The story was also picked up by the BBC.
http://bgr.com/2017/03/27/youll-soon-be-able-to-use-apple-pay-and-android-pay-to-withdraw-cash-from-wells-fargo-atms/
Quote
Wells Fargo earlier today announced that iPhone and Android users can now enjoy card-less access to 13,000 Wells Fargo ATMs across the country. To take advantage of the new feature, customers will need Wells Fargo’s mobile app which will generate a one-time 8-digit token that, alongside the user’s PIN, can be used authenticate a given user’s identity and allow them to initiate any number of transactions.
But my 10 inch tablet phone does not fit in my wallet:P

soybean



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Re: Wells Fargo Smartphone ATM.
« Reply #1 on: April 18, 2017, 08:07:21 AM »
The article at your 2nd link says, as I would expect, "Presumably, it’s only a matter of time before other banks begin rolling out similar functionality across their own ATMs."   I'm sure we'll gradually see more banks adding such capability to their systems.

BTW, that 2nd link you posted is not from BBC.  It's a company called BGR Media, LLC.  Actually, I'm glad to know about it since it looks like a good "online destination for news and commentary focused on the mobile and consumer electronics markets", as stated at http://bgr.com/about-bgr/