Your Phone Will Replace Your Debit Card on ATM's HD
Apple Pay and Android Pay haven’t exactly conquered the world of payments just yet. A smartphone can replace credit and debit cards in millions of checkout aisles, but that doesn’t mean people will reach for theirs. Now, ATMs are starting to learn the same tricks, giving you one more very good reason to ditch your wallet for good. Yesterday, the technology found its most prominent stateside supporter yet in JPMorgan Chase. The bank said they will provide “thousands” of cash machines that will require only your smartphone to withdraw from your account. The Chase machines will still work with debit cards, if you so choose. The author of Cash Box: The Invention and Globalization of the ATM, Bernardo Batiz-Lazo, says, "“We can expect more merging of mobile and ATMs, as banks are transforming themselves by deploying and relying ever more on self-service technology to interact with their customers." http://www.wired.com/2016/01/cardless-atms/ http://www.wochit.com This video was produced by YT Wochit Tech using http://wochit.com