Are cards for ATMs finished? Banks have tried a whole lot of ways to secure their customers from counterfeiting and cloning their credit and debit cards. The oldest of you have got the magnetic strips and the younger chip cards (Chip-n-Pin).
It has long been known that the magnetic tape is incredibly unreliable and can easily be crushed, but newer chips with Chip-N-Pin have also been successfully cloned and cloned.
An annex to it Canada Bank of Montreal and in particular Chicago-based BMO Harris Bank, has launched the largest network in the US ATMs which do not require the insertion of any card and which allow its customers to withdraw cash από το μηχάνημα μέσα σε λίγα δευτερόλεπτα με την χρήση των smartphones τους.
There is no card, no PIN, SIMPLE only your smartphone
According to the bank, you no longer need to remember and enter any kind of PIN at their ATMs, and you don't need to have a card to insert it into the special slot. Customers simply need to log in to the banking application from their smartphone. After opening the “Mobile Cash” application, you can simply hold your smartphone over the QR code that will appear on the screen του ΑΤΜ και θα μπορέσετε να λάβετε τα μετρητά που επιθυμείτε. Αυτή η τεχνολογία ανάληψης μετρητών που δεν απαιτεί την φυσική παρουσία κάποιας κάρτας για ενίσχυση της ασφάλειας, επιτάχυνση των συναλλαγών και τη μείωση της απάτης, επειδή δεν υπάρχουν πληροφορίες της κάρτας αποθηκευμένες στο τηλέφωνο.
BMO Harris Bank reports that it is the first bank to offer single-user access to ATMs using only one smartphone.
"This particular one program offers many benefits to our customers, both in terms of convenience and security. We think it's something that our customers will simply find extremely exciting as they use their mobile phones more and more for their financial transactions, but also in their daily lives."
How does Mobile Cash work?
- Download the Mobile Cash app
- Register through Mobile Cash
- The app will ask you to enter the amount you want to withdraw
- The application will store the information until you arrive at the ATM
- At the ATM, select the "Mobile Cash" option on the ATM screen
- A Quick Response (QR code) code will appear on the screen. Scan the QR code with your smartphone.
- Take your cash. You're done.
So, in order for a thief to commit a credit or debit card fraud, you will need the victim's smartphone and the Mobile Cash password, which you do not need to have both together at the same time. Also, no card information is stored on your smartphone, and the bank can remotely delete the app if your device is lost or stolen.
Initially, Mobile Cash will be available in America at 750 ATM, according to the WSJ . Although this is a very small percentage compared to the 425,000+ ATMs that exist throughout the country.
BMO Harris Bank has more than 2 million customers with 600 stores and over 1.300 ATM. A successful one essay it may also encourage other banks to adopt this system. Και ίσως κάποια στιγμή το δούμε και στην Greece.