Friday, 24 March 2017

Your smartphone might soon be the only thing you need to withdraw cash from ATMs


Ah, the wonders of mobile technology! It looks like credit and debit cards might no longer be the go-to option for ATM cash withdrawals in the near future, as a bunch of big US banks are planing to streamline the process with the help of smartphones.

Wells Fargo customers will be the first ones to enjoy withdrawing money by only using their handsets, after the financial institution decided to apply the technology to all of its 13,000 ATMs following a series of trials. Starting on Monday, each of the 20 million people that use Wells Fargo Mobile will be able to ...

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