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Barclays to start contactless smartphone cash withdrawals

Monday 21 November 2016 13:30 CET | News

Bank customers will soon be able to withdraw as much as GBP 100 in cash by tapping their smartphones on high-tech contactless cash machines under a new scheme being rolled out by Barclays.

The initiative, which will start next month, is for use with Android smartphones, will at first work by customers touching their mobile device or contactless debit card against a machine in a branch and then entering their pin on the cash-point.

However, from January 2017, Barclays customers will be able to pre-enter their pin into their phone using the bank’s mobile app and then just tap their device against the machine to make cash withdrawals.

The bank aims to have about 500 of the new cash points operating in 200 branches across the country by January before a wider roll-out of the contactless technology, including to high-street ATMs.


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Keywords: Barclays, mobile payments, Android, contactless, app
Categories: Payments & Commerce
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Countries: World
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