Wells Fargo has recently revealed that over 5,000 of its automated teller machines (ATMs) have now been upgraded to include support for cardless withdrawal transactions. Instead of using their bank cards, customers can just make full use of near field communications technology (NFC), the same tech being tapped in mobile payment systems such as Apple Pay, Android Pay, and Samsung Pay.
It appears that it might already be possible for iOS mobile users who have access to the cardless automated teller machines (ATMs) that Bank of America rolled out earlier in 2016 to withdraw money from said machines by way of the Apple Pay contactless mode of payment installed in their iPhone devices.
A couple of banking institutions in the United States are working on integrating Apple Pay into their respective automatic teller machines (ATMs). It appears that both Bank of America and Wells Fargo already have their engineers busy developing options for Apple’s mobile payment system. Apple Pay has made some headway since it was launched by the iPhone maker in October in 2014, but having the system used together with ATMs is another whole new level entirely.
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