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The Coming Cashless Society – ATMs to operate without a card
BBC – New technology to enable people to withdraw money from cash machines using their smartphone has been unveiled. Customers who use the Royal Bank of Scotland (RBS) or NatWest mobile banking app can now request cash, up to £100, via their smartphone. They are given a six-digit code to enter into an ATM to release the cash. A similar system has been developed by cash machine operator NCR. This requires users to scan a barcode to withdraw the money. Read Article
Tags: banks, Europe, financial system, technology, The 10 Steps
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