Mar 29, 2017
Wells Fargo is looking to support completely card-less transactions at its 13,000 ATM locations by allowing customers with devices that are equipped with Android Pay and Samsung Pay to access said machines.
This means folks will be able to do stuff like, say, withdraw money using specific smartphones and even smartwatches.
According to the informational, these card-less transactions are relatively easy to set up; the Wells Fargo customer would need to sign into the Wells Fargo application on his/her smartphone, and select the “Card-Free” option to request a code via “Account Services.
With this 8-digit code (plus pre-existing card PIN), one can perform an ATM transaction.
Beyond that, folks should be able to use the NFC functionality of Wells Fargo Wallet, Samsung Pay and/or Android Pay to initiate transactions by holding the smartdevice close to a properly-equipped Wells Fargo machine. According to the press release, more than 40% of WF terminals are already NFC-enabled.