ATM manufacturer NCR has launched a cardless and PINless ATM withdrawal system
ATM manufacturer NCR has launched a cardless and PINless ATM withdrawal system that enables customers to conduct transactions through their mobile phones and then scan 2D barcodes on the machines’ screens. Customers authenticate through their existing mobile banking application and ‘pre-stage’ the transaction via an embedded NCR cash withdrawal function. Once at their bank’s ATM, they scan the 2D barcode on the home screen and the money is dispensed. NCR says that by removing cards and PINs from the process, its new system offers a more secure approach to traditional ATM transactions.