With a varied number of payment methods available, the way we pay for everything is changing with more digital transactions taking place than ever before. This fiction story is about cardless cash withdrawal from ATM using a mobile banking app.
It is a unique and value added feature of our mobile banking solution. The feature aims at providing further convenience to customers’ cash requirements without requiring a debit card.
All customers need to do is to login to their mobile app to generate a voucher. A unique voucher code (One Time Password) is instantly sent to customers via a text message on their registered mobile number. Customers can redeem the voucher at their nearest ATM, without any card. Users can initiate transactions using all digital banking channels including IOS and Android mobile apps as well as internet banking.
Advantages of Cardless Cash Withdrawal
- 24/7 service to withdraw cash, anywhere
- The customer need not worry about having a physical card
- Safe and secure mode of cash withdrawal
Cardless cash withdrawal is now a service that is widely popular in international markets and provides customers a secure and easy way to withdraw cash from ATMs.
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