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Soon You Will Be Able To Withdraw From An ATM Using Your Iphone - Science/Technology - Nairaland

Nairaland ForumScience/TechnologySoon You Will Be Able To Withdraw From An ATM Using Your Iphone (802 Views)

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Soon You Will Be Able To Withdraw From An ATM Using Your Iphone by kasysleek(op): 11:18am On Feb 05, 2016
Seems people using the newer iphone will soon be able to withdraw from an ATM.

See how

Reports coming from Tech crunch's Jose constine says that both bank of america and wells fargo are working on integrating Apple pay into there ATMs.

Wells fargo's head of ATMs Jonathan Velline implies that Apple Pay would come to its ATM.

He also confirmed that there have being working on tech that allow us to hook to digital wallets and using mobile phone to replace ATM cards during transaction.

This helps to protect against ATM skimmers because Apple pay does not transmit your actual credit or debit information.

Apple pay generates a secure code that's specific to that transaction, so its more secure than using a card.

Right now there initial launch is Android pay, this is due to the fact that they understand that there customers use different devices with different OS.

What do you think??

SOURCE: http://kasysleek..nl/2016/02/soon-you-will-able-to-withdraw-from-atm-using-your-iphone.html

CC: lalasticlala, seun

Re: Soon You Will Be Able To Withdraw From An ATM Using Your Iphone by Aremu01(m): 1:35pm On Feb 05, 2016
If the phone is stolen?
Re: Soon You Will Be Able To Withdraw From An ATM Using Your Iphone by kasysleek(op): 5:40am On Feb 06, 2016
Aremu01:
If the phone is stolen?
Gbese lol. Am sure u can block or report it, sometin like that.
Re: Soon You Will Be Able To Withdraw From An ATM Using Your Iphone by kasysleek(op): 12:07pm On Feb 07, 2016
Cc lalasticlala
Re: Soon You Will Be Able To Withdraw From An ATM Using Your Iphone by rflexii(m): 1:49pm On Feb 07, 2016
But we already have something similar in Nigeria, google verve paycode.
Re: Soon You Will Be Able To Withdraw From An ATM Using Your Iphone by kasysleek(op): 2:42pm On Feb 07, 2016
rflexii:
But we already have something similar in Nigeria, google verve paycode.
Ya
1 Reply

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