Wells Fargo introduces NFC access at over 5,000 ATMs
Wells Fargo & Company has introduced Near Field Communication contactless functionality at more than 5,000 ATMs across the country, giving debit card customers another way to use the company's ATMs without their card, according to a press release.
The feature is activated using a mobile phone's mobile wallet feature. Customers can already access any Wells Fargo ATM without a physical card by generating a one-time access code through their Wells Fargo mobile banking app.
"Card-free ATM use will take another leap as we introduce NFC functionality," Jonathan Velline, head of strategy and administration for community bank, said in the press release. "The NFC functionality is a second form of card-free access and is an extension of our promise to reach our customers wherever they are and provide value using the mobile option with which they are so comfortable."
A customer can initiate an ATM transaction by signing into mobile wallet features, such as Wells Fargo Wallet for Android, Apple Pay, Android Pay or Samsung Pay, found on mobile phones. They simply hold their phone or wearable device with mobile payment functionality near an NFC-enabled ATM terminal.
Wells Fargo ATMs enabled for this feature will display a "contactless symbol" decal on the front of the ATM.
Companies: Wells Fargo & Co