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NHA intros cardless ATM with smartphone authentication
The device allows consumers to preorder cash with their smartphone and then, with a tap or a QR code scan at the ATM, have their cash dispensed.
February 24, 2016
Today at the ATMIA 2016 conference and expo in New Orleans, Nautilus Hyosung America announced the launch of moniValue100.
The "mobile-centric ATM" allows the user to carry out a cardless cash transaction with the simple tap of a smartphone, the company said in a press release.
To use the feature, consumers simply preorder cash through their bank's mobile app, then locate the nearest moniValue100 ATM.
At the ATM, users either scan a QR code or tap an NFC-enabled contactless card reader (depending on the machine features) with their smartphone to authenticate the transaction and receive the requested cash.
An electronic receipt is delivered directly to the smartphone, eliminating the need for a paper receipt, the company said.
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Hyosung Americas
Hyosung Americas is a global human experience maker that bridges the physical and virtual worlds. We do this by harnessing our unique combination of a manufacturer’s soul with an innovator’s mindset to build a platform of integrated products, services, and ideas that improve life’s day-to-day interactions for everyone.
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