Bank of America ATMs Support Android Pay
At the Google IO conference yesterday, Bank of America announced that its cardless ATMs would now support Android Pay.
Bank of America plans to rollout the cardless technology to 2,400 ATMs this month, and will be available at 5,000 ATMs by the end of the year.
Earlier this year, the technology appeared at ATMs in Boston, Charlotte, New York City, San Francisco and Silicon Valley.
The new ATMs will allow customers to withdraw cash, make transfers and check balances using the digital wallet on their mobile device.
“Consumers are increasingly using their mobile devices to manage their daily lives, and we’re committed to delivering solutions that give them convenient and secure options when it comes to managing their money,” said Michelle Moore, head of Digital Banking for Bank of America. “Now in addition to using digital wallets for purchases, customers can use them to get cash at the ATM.”
Cardless-enabled ATMs will have a special contactless symbol. To perform a transaction at these ATMs, users select their Bank of America debit card in their digital wallet, then hold their phone over the ATM’s contactless card reader. After that, they will be prompted for their PIN and can use the ATM as they normally would.
Bank of America reported this new technology reflects their customers’ desire to shift to mobile devices. It claims that 20 million customers are already using the mobile banking app. Additionally, during the first quarter of 2016, the number of people opening Bank of America accounts through a mobile device increased by over 50% from last year.