Mobile apps have become an integral part of our daily lives. From ordering food to booking a ride, there is an app for everything.
But what about using mobile apps at ATMs? Can we use them? Let’s find out.
What are ATM Mobile Apps?
ATM mobile apps are software applications that allow users to perform various banking transactions using their smartphones. These apps are usually provided by banks and can be downloaded from the app store of your smartphone.
What Transactions Can You Perform with ATM Mobile Apps?
With ATM mobile apps, you can perform a variety of banking transactions without having to visit the bank. Some of the common transactions include:
- Withdraw cash
- Deposit money
- Transfer money
- Check account balance
- Pay bills
Are ATM Mobile Apps Safe to Use?
Yes, ATM mobile apps are safe to use as long as you download them from a trusted source like the app store and not from any third-party website. These apps use encryption technology to protect your personal and financial information.
Can You Use Mobile Apps at ATM Machines?
No, you cannot use mobile apps at ATM machines directly. You still need your debit or credit card to access the machine. However, some banks allow you to withdraw cash from an ATM without using your card if you have their mobile app installed on your smartphone.
How Does Cardless Cash Withdrawal Work?
Cardless cash withdrawal is a feature offered by some banks that allows customers to withdraw cash from an ATM without using their debit or credit card. Here’s how it works:
- You need to download and install the bank’s mobile app on your smartphone.
- Open the app and select the cardless cash withdrawal option.
- Enter the amount you want to withdraw and authenticate the transaction using a one-time password (OTP) or biometric authentication like fingerprint or face recognition.
- You will receive a unique code on your smartphone, which you need to enter at the ATM machine along with your PIN to withdraw cash.
ATM mobile apps are a convenient way to perform banking transactions without having to visit the bank. While you cannot use mobile apps at ATM machines directly, some banks offer cardless cash withdrawal, which allows customers to withdraw cash from an ATM using their smartphones. Always make sure to download the app from a trusted source and keep your smartphone secure to ensure safe and secure banking transactions.