June 13, 2012

ATMs to operate with your cell phone

_60847852_atmapp.jpeg New technology to enable people to withdraw money from cash machines using their smartphone has been unveiled. The BBC reports.

quotemarksright.jpgCustomers who use the Royal Bank of Scotland (RBS) or NatWest mobile banking app can now request cash, up to £100, via their smartphone.

They are given a six-digit code to enter into an ATM to release the cash.

A similar system has been developed by cash machine operator NCR. This requires users to scan a barcode to withdraw the money.

The services are the latest developments in a long-predicted move towards the smartphone becoming a digital wallet.quotesmarksleft.jpg

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emily | 10:51 AM | Mobile Payments | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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