Fransabank introduces its cardless ATMs that let you withdraw cash using your mobile phone instead of a physical debit card.
What are cardless ATMs?
Cardless ATMs provide access to your account and allow you to withdraw cash without the need for a debit card. Instead, they rely on account verification via text message on your smartphone.
What is a cardless ATM withdrawal?
Cardless ATM withdrawal is a safe and simple method that allows you to withdraw cash using your mobile phone without the need for a physical card.
Cardless withdrawals require two-step authentication. Once a transaction is initiated at an ATM, you will need to enter your Client ID at the bank, then you will receive on your mobile a one- time OTP which will be used to withdraw funds from the ATM.
How to use a Cardless ATM?