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News & trends

Diebold has unveiled an ATM that can be used for cardless withdrawals
USA | January 2013

Diebold, the American ATM manufacturer recently presented its new ATM at the Consumer Electronic Show (CES) in Las Vegas. This innovative machine, which will be tested by banks during 2013, enables users to make withdrawals without a card. Users scan the ATM’s QR code with their mobile phone which then syncs with the ATM via the cloud. After having selected the withdrawal amount on their phone, users then receive, via their smartphone, a one-time code which enables them to withdraw the required cash amount from the ATM. Users can also send money to third parties by transmitting the code to them. This type of machine could help banks save money by reducing the number of bank cards issued.

Related news


Bitcoin ATMS are spreading across the world

World - February 2014

Robocoin, the Las Vegas based company, is continuing to roll out its Bitcoin ATMs. After a first ATM in Vancouver, Robocoin has installed ATMs in the United States (Austin, Seattle and Washington) and again in Canada (Calgary). Robocoin also intends to continue to install its ATMs abroad, by expanding into Asia and Europe. The Bitcoin ATMs enable users to exchange bitcoins for cash or to buy bitcoins with cash or via an electronic wallet.

News summary compiled by Efma Information Services


PayPal is piloting a Samsung smartwatch-enabled payment system

USA - May 2014

PayPal is currently trialling a payment system with the Samsung Galaxy Gear 2 watch, using Beacon contactless technology. The pilot scheme is taking place in a Starbucks Café within the PayPal area, in San Jose, California. Users equipped with the Samsung smartwatch are identified by the coffee house’s employee when they enter as their name and photo are automatically displayed on the POS payment app. Customers use their smartwatch to validate their payment.

News summary compiled by Efma Information Services


Al Hilal Bank ATM machines will soon be accessible with an ID card

United Arab Emirates - February 2014

UAE residents will soon be able to withdraw cash from an ATM with their ID card. Al Hilal Bank has concluded a partnership with the local authorities in order to offer this possibility to its customers who will be able to carry out all types of transactions in a branch by identifying themselves via their ID card. Al Hilal Bank has announced that this service will be rolled out during 2014.

News summary compiled by Efma Information Services

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