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You can withdraw money even without touching the ATM

Experts say that with the continuous development of technology, you can withdraw money from ATM in a completely contactless way.



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In this era of corona virus epidemic, social distancing has become very important to prevent infection. During the last one year, with the help of technology, efforts are being made to make all things contactless. QR codes, wallets, UPI and contactless debit and credit cards are also being used for payment. Let us tell you that at present we have to touch the ATM machine to get cash . Although some banks have started the facility of contactless banking, but the truth is that the user has to touch the machine to give the command.

Mastercard ties up with AGS Transact Technology

Experts say that with the continuous development of technology, you can withdraw money from ATMs in a completely contactless way. According to media reports, money can be withdrawn without touching the ATM machine through MasterCard ATM. According to media reports, Mastercard has tied up with AGS Transact Technology, a company that makes ATM machines. Through the new technology, the user can withdraw money from the ATM machine in a completely contactless way.



According to media reports, the company says that due to new technology, ATM transactions have now become completely contactless. Let us tell you that for this, users will have to scan the QR code of the ATM machine through their mobile app and after scanning all the ATM options will come in your phone. Now the further process will be completed in your phone. The user will have to enter the PIN of the debit card in his phone itself and after the completion of the process, the money will be withdrawn from the ATM machine. Let us inform that Bank of Baroda has first adopted this technique of AGS technology.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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