Wells Fargo and Bank of America to Add Apple Pay Support to ATMs

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Bank of America and Wells Fargo are working on implementing Apple Pay into their ATMs, reports TechCrunch, citing a source with knowledge of the project. Both companies are said to have engineers working on the technology that would likely allow Apple Pay to be used at an ATM in place of a physical debit card.

When questioned about the possibility of Apple Pay at ATMs, Wells Fargo head of ATMs Jonathan Velline suggested the information was accurate and that Wells Fargo was working on adding support for mobile wallets that would meet all of its customers needs.
Wells Fargo's head of ATMs Jonathan Velline implied Apple Pay would come to its ATMs. He confirmed that "We've been working on the technology that allows us to hook to digital wallets, leveraging NFC on mobile phones to replace the card at the transaction at the ATM. Right now the wallet that we support is Android Pay." [...]
"But we're also looking at lots of different mobile wallets and evaluating which ones are going to be appropriate for our customers. We'll likely add more mobile wallets throughout the year."
Bank of America was less forthcoming about its plans, but told TechCrunch the company is developing a cardless ATM solution that would let customers use NFC technology on their smartphones to authenticate and complete transactions at Bank of America ATMs. The company would not confirm which phones it will work with.

Bank of America plans to begin rolling out its cardless ATM solution starting in late February at ATMs in Silicon Valley, San Francisco, Charlotte, New York, and Boston before a wider rollout set to take place in mid-2016. Wells Fargo did not provide information on when it plans to implement its NFC-based card replacement feature.

Apple Pay at ATMs would be a big win for Apple, given their prevalence across the United States. Wells Fargo has more than 12,800 ATMs, while Bank of America has more than 16,000.

Article Link: Wells Fargo and Bank of America to Add Apple Pay Support to ATMs
 
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JonneyGee

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Jun 8, 2011
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This would be amazing. I'm a BoA user and the only time I need my debit card is at an ATM since I use my credit card for everything else. We're still several stores shy of me being able to quit carrying my credit card, but at least this would thin my wallet out a little bit!
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Sounds great, until the first time it accidentally cleans out someone's bank account. That would be a lot more upsetting than a double-charge glitch.
How would this even be of concern? Apple Pay would be used for validation instead of an ATM card and the rest of the process would be the same. You're just as likely to do that swiping a card as you would be with Apple Pay.
 

thisisnotmyname

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Oct 22, 2014
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This would be amazing. I'm a BoA user and the only time I need my debit card is at an ATM since I use my credit card for everything else. We're still several stores shy of me being able to quit carrying my credit card, but at least this would thin my wallet out a little bit!
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How would this even be of concern? Apple Pay would be used for validation instead of an ATM card and the rest of the process would be the same. You're just as likely to do that swiping a card as you would be with Apple Pay.
You are right, it wouldn't. They are probably just trolling or didn't think it though all the way. TouchID is more secure than a short numeric only passcode.
 

CPx

macrumors 6502a
Sep 6, 2013
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This would be sweet. Between this and rolling Apply Pay out at gas stations, this could be very cool.
 
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gsmornot

macrumors 68040
Sep 29, 2014
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Since my grocery store has not turned on Apple Pay...I'm still bummed. I guess this will help some but most of my cash comes from cash at checkout when I pay at stores. Its cheaper than an ATM fee when you're not near a local ATM.
 

duhvid

macrumors newbie
Jan 28, 2016
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And it begins....we've gone from gold to legal tender/debt to debit cards equipped with chips and now to a fingerprint NFC tender ... and later something else will replace that, but electronic funds will win
 

joueboy

macrumors 68000
Jul 3, 2008
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What's the big deal with this banks and why they're years behind on this? They are not some small time bank like my local bank still doesn't support Apple Pay. How hard could it be or they're just waiting some kind of a deal they can get. Is it their greedy nature that's holding them all these years to support Apple Pay. Do they want Apple give them money a percentage of every transaction? SMH!
 

Caliber26

macrumors 68000
Sep 25, 2009
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Would love for Chase to do this.
I just tweeted them too

Actually, Chase just announced they're moving in this direction:

http://www.usatoday.com/story/money...olling-out-atms-give-cash-via-phone/79374222/
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And it begins....we've gone from gold to legal tender/debt to debit cards equipped with chips and now to a fingerprint NFC tender ... and later something else will replace that, but electronic funds will win
Yep. A chip (or mark) on our hands or foreheads and without it we won't be able to buy or sell.
 
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duhvid

macrumors newbie
Jan 28, 2016
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FDIC Banks man
What's the big deal with this banks and why they're years behind on this? They are not some small time bank like my local bank still doesn't support Apple Pay. How hard could it be or they're just waiting some kind of a deal they can get. Is it their greedy nature that's holding them all these years to support Apple Pay. Do they want Apple give them money a percentage of every transaction? SMH!
Banks need to be progressive and take advantage of the tech available to them. It's interesting to see the way currency is heading too.
 

rdlink

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Nov 10, 2007
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Sounds great, until the first time it accidentally cleans out someone's bank account. That would be a lot more upsetting than a double-charge glitch.
Nothing like a little unwarranted FUD to round out your day. Apple Pay would be used for dipping your virtual ATM card, and then the screen prompts would take over, just like any other ATM transaction.

This would destroy the skimming slime bags.
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What's the big deal with this banks and why they're years behind on this? They are not some small time bank like my local bank still doesn't support Apple Pay. How hard could it be or they're just waiting some kind of a deal they can get. Is it their greedy nature that's holding them all these years to support Apple Pay. Do they want Apple give them money a percentage of every transaction? SMH!
Seriously? The tech to make this happen is not easy to implement. Plus, Wells Fargo has over 12,500 ATMs in the US.

I'm sure that there will be no money changing hands on this implementation. Wells Fargo will be getting a large problem fixed from a security standpoint (no more skimming at their ATMs). And Apple will be getting another reason to get people to buy iPhones.
 
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jedifaka

macrumors regular
Sep 2, 2011
127
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California
I think I rely too heavily on MacRumors for my technology news. I sincerely believed Apple Pay had the drop on its Android Pay competitor and had effectively left in in the dust. So I was really surprised to read, "Right now the initial launch is with Android Pay, but that doesn’t limit us from considering other mobile wallets."
 

jayducharme

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Jun 22, 2006
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I'm really glad to see this is finally beginning to happen. ATMs have been notoriously poor for security, and Apple Pay would be a large step toward fixing that problem.
 

can$rules

macrumors member
Jul 29, 2014
54
100
ATMs? Who even uses cash anymore? They should focus on having all transactions done through the phone.
 
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