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.
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.
Android Pay, Google’s second shot at making a mobile payment system, had officially launched a couple of weeks ago. But now, this contactless mode of payment has now been made available in the Google Play Store. This means that users of mobile devices that run on the Android mobile operating system can now easily find Android Pay.
During its recent Unpacked event this year, Samsung officially announced that it will be launching its own mobile payment system, Samsung Pay, in the United States in September 28th of this year. Samsung Pay is the South Korean mobile giant’s answer to Apple Pay, the system developed and launched by Apple last year.
Samsung Pay begins its trial in South Korea this week. For those not in the know, Samsung Pay is Samsung’s answer to Apple Pay, the mobile payment system that Apple first launched in October of last year. Samsung Pay is powered by LoopPay, the Boston company that Samsung acquired earlier in 2015.
At last, Apple is finally incorporating near field communication (NFC) to the iPhone 6 and iPhone 6 Plus, although for now, it is going to be used for Apple Pay only when it launches in a few days. As reported by Cult of Mac, sources at Apple have confirmed that the new iPhones will be using the NFC chip, albeit on a relatively limited capacity. Those who were hoping to use NFC for other purposes (like pairing speakers with one's phone or integrating with the apps in one's device) will have to hold their horses for now.
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