The idea of this is that you preload your cash request on a smartphone app, walk up to the ATM and then scan a QR code to complete the transaction. The ATM has no other interface but a screen, so there can be no card skimming or fiddling with a manual interface
This video shows how you can withdraw money from an ATM using an Android smartphone and a QR code.
NCR is looking for partners to develop this idea further.
Friday 5 July 2013
NCR develops ATM that uses a QR code to payout cash
Labels:
ATM,
banking,
banks,
financial innovation,
innovation,
retail banking