Soon You Will Able To Withdraw From An ATM Using Your Iphone

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.

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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.

This appeared first on: Techcrunch

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