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Smartphones To Work As Bank Cards At ATM’s

cash-atm.jpegTwo banks have unveiled technology that allows customers to withdraw cash from ATMs without using a bank card. Users of NatWest and the Royal Bank of Scotland (RBS) can now request up to £100 cash using only their smartphones.

Customers are given a six-digit code, via a special app, that they can then enter at a cash machine.

RBS said its new system, an extension of the existing service that allows customers withdraw cash without a card in an emergency, would benefit users who had forgotten their debit cards or wanted to send money to someone quickly.

As a security measure, the app requires a password to access initially, and then the six-digit code is hidden until the user taps the screen.

Ben Green, head of mobile at RBS and NatWest said: “It is a really simple and secure way to help our customers get cash whenever and wherever they need it.”

The service is available to customers via the bank’s free app and use the 8,000 RBS, NatWest or Tesco branded ATMs in the UK.


08.08.2012    Tags:
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