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Korean banks let consumers make ATM cash withdrawals and deposits with their smartphones using QR codes

NFCW

SCAN: Availability is being expanded from NFC on Android phones to QR Codes on all smartphones Consumers in Korea can now make cash withdrawals and deposits at ATMs by scanning a QR code with their Apple or Android smartphone rather than needing to use a physical bank card.

ATM 95
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Trust Bank’s 0% FX Fees Result in Over S$18 Million in Customer Savings

Fintech News

Singapore’s digital bank Trust shared that its customers have saved over S$18 million on foreign currency transactions in the past year, thanks to the bank’s 0% foreign exchange fee policy. The data revealed that Trust Bank cards were used more than 7 million times for foreign transactions during this period.

ATM 109
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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

ATM 75
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The Role Of ATMs In Bank Omnichannel Strategy

PYMNTS

Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that. In fact, the number of ATMs in the U.S. Providing customers with an ATM experience that is both useful and simple is anything but simple on the bank’s end. The ATM Opportunity. The ATM Challenge.

ATM 50
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JCB, Sri Lanka’s central bank collaborate to boost local bank cards

Payments Source

The partnership is designed to serve the increasing numbers of tourists visiting Sri Lanka from India, providing payment card options that have local ATM support.

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Kazang Pay Launches Card Acquiring Service in Zambia

Fintech Finance

The Kazang Pay enabled terminal in Zambia accepts VISA debit and credit cards as well as mobile wallet payments. It’s as easy as letting the customer tap or insert their bank card and enter their PIN on the secure scramble PIN pad. The goal is to enable the majority to accept card payments over the next six months.

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Wells Fargo ATMs to offer access via Apple Pay and other mobile wallets

The Paypers

(The Paypers) Wells Fargo has announced that more than 40%, or over 5,000 of its ATMs, will now allow customers to perform transactions without having to pull out their bank card.

ATM 28