AUSTIN, Texas Wincor Nixdorf has enhanced its Mobile Cash app by integrating it with Apple Passbook for iPhone, which the company said makes it easier and more convenient for consumers to withdraw cash from an ATM.
For Android users, Wincor Nixdorf said it has built a comparable function that has been integrated directly in the company’s app.
The QR code that is read at the ATM is stored in Passbook, giving consumers easier access to this new technology, it said.
“Our application allows bank and credit union customers to withdraw cash quickly, conveniently and securely from an ATM using a smart phone instead of a debit card,” said Oliver Weber, chief executive officer of the company’s Austin-based U.S. operations.
Wincor Nixdorf said its Mobile Cash app allows consumers to save time by preparing their cash withdrawal in advance on their cell phones. Consumers then are sent a QR confirmation code and directions to the nearest ATM that supports Mobil Cash, if necessary. At the ATM, users simply select the Mobile Cash function on the machine and scan the phone under the barcode reader.
The Mobile Cash app sends information from the phone to the application server, which generates a token in the form of a QR code. The QR code, which is stored in Apple Passbook or Wincor Nixdorf’s Mobile Cash app, is read at the ATM replacing authentication via a debit card. If the financial institution chooses, a transaction PIN can also be required as an additional security feature.
Android phones also can use near field communication, a set of standards for smart phones and similar devices to establish radio communication with each other by touching them together or bringing them into close proximity, for cardless ATM transactions. Apple has not yet enabled the iPhone for NFC.
