November 30, 2016
Barclays is launching the U.K.'s first contactless mobile cash service, allowing customers to withdraw cash with a tap of their Android smartphone or contactless debit card, the bank announced in a press release.
The FI plans to pilot the service in the north of England before rolling it out in 2017 to more than 600 ATMs in more than 180 branches.
Customers will have three different options for using the service:
"Our customers now expect to be able to use their smartphone to make their everyday purchases," said Barclays U.K. CEO Ashok Vaswani. "We want taking out cash to be just as easy. With Contactless Cash customers can quickly and securely take-out money with just a tap of their smartphone — a first for the U.K."