Chase ATMs go cardless

Chase ATMs go cardless

Forgot your bank card? No worries. Chase has you covered.

The New York City-based bank announced that it has expanded its cardless access to nearly all of its 16,000 ATMs nationwide.

The new technology will allow customers to get cash through their phone’s mobile wallet without needing a physical debit card or an access code for authentication.

Users can simple “tap” their smartphone on the ATM to “easily and securely access money on the go.”

“Cardless no longer means cashless,” Sol Gindi, chief administrative officer of consumer banking at Chase, said in a statement. “As more of our customers are using digital wallets to pay, we’re pleased to be able to provide them with the same experience at the ATM.”

JPMorgan Chase first rolled out this feature, which uses the “near-field communication” technology that enables transactions from mobile wallets in 2016. Other big banks, including Bank of America and Wells Fargo, later followed in 2017.

And while swiping an ATM card doesn’t require strenuous efforts, bankers think going card-free will be a hit with customers.



Source:- foxbusiness


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