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Wells Fargo Will Debut ATM Apple Pay Transactions 'Later This Year'

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Wells Fargo today has deployed card-free access to all 13,000 of its ATMs in the United States, while also announcing that transactions through NFC-enabled mobile wallets -- including Apple Pay -- will launch later this year. Customers will be able to make NFC withdrawals with Apple Pay, Wells Fargo Wallet, Android Pay, and Samsung Pay through a simple NFC-enabled tap and PIN authentication when the feature launches sometime in 2017.

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Launching today, however, is Wells Fargo's new One-Time Access Code feature, which lets customers authenticate at an ATM by entering an 8-digit code along with their debit or ATM card PIN, all without needing their physical card. To do so customers will log into the Wells Fargo app and choose "Card-Free ATM access" within Account Services to receive their 8-digit access code. After entering the code and their PIN, the company said that the ATM transaction process is the same as when using a physical card.
"At Wells Fargo, we believe the future is cardless, and the launch of One-Time Access Code provides our 20 million mobile banking customers another convenient way to manage money," said Brett Pitts, head of digital for Virtual Channels. "This new ATM feature exemplifies Wells Fargo's commitment to innovation."

In addition to One-Time Access Code, later this year customers will be able to initiate a cardless ATM transaction with the "tap and pay" technology in an NFC-enabled smartphone. When this feature is live, a customer will be able to initiate a transaction by signing into a leading mobile wallet (Wells Fargo Wallet, Apple Pay, Android Pay or Samsung Pay), and holding the phone near an NFC-enabled ATM terminal. Once authenticated, the customer will input their debit or ATM card PIN and complete their transaction.
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Apple Pay support at Wells Fargo and Bank of America ATMs has been reported on for well over a year, with Bank of America adding in NFC Apple Pay withdrawals to around 2,400 of its ATMs last summer. Wells Fargo today didn't mention a specific launch date for the debut of Apple Pay at its ATMs, but it did hint that the feature could launch on more than 5,000 of its machines in the U.S., which represent the number of its ATMs that are already NFC-enabled.

Article Link: Wells Fargo Will Debut ATM Apple Pay Transactions 'Later This Year'
 
Article Link
https://www.macrumors.com/2017/03/27/wells-fargo-apple-pay/
Hope all banks and ATMs get the message and do this! Still hard to travel without my wallet.
 
If I ever used cash I would seriously think about switching banks.
 
It was the natural next step after Apple Pay. My bank (anz Australia) already has contactless cash withdrawals using their ATMs so only a matter of time before they unlock Apple withdrawals also
 
I get that the card network rules don't allow it, but it would be nice to be able to not need a PIN when using AP at the ATM. Also, I'm still waiting for BofA to support NFC for non-BofA cards so I can use my Schwab debit card there.
 
tmiw said:
I get that the card network rules don't allow it, but it would be nice to be able to not need a PIN when using AP at the ATM. Also, I'm still waiting for BofA to support NFC for non-BofA cards so I can use my Schwab debit card there.
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I imagine as the networks become more comfortable using AP+TouchID, as the authentication method, that the PIN use requirement will be left to the discretion of the user.
 
Does it come with extra accounts? :)

An interesting idea though... I like not needing to carry a card with me, but I'm not sure I can remember 8 digits (+ PIN) all day long -- and opening up the app risks other people snapping a picture of those 8 digits...

Anyway, I look forward to seeing what other banks come up with
 
dmdev said:
An interesting idea though... I like not needing to carry a card with me, but I'm not sure I can remember 8 digits (+ PIN) all day long -- and opening up the app risks other people snapping a picture of those 8 digits...
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Who cares if they do see it, it's one time use only. Although needing a PIN is annoying. Make it 10 digits and no PIN. Then you could at least email it to someone to use in a pinch.
 
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dmdev said:
An interesting idea though... I like not needing to carry a card with me, but I'm not sure I can remember 8 digits (+ PIN) all day long -- and opening up the app risks other people snapping a picture of those 8 digits...
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I believe the 8 digit code is dynamic. The app says you have to visit an ATM within 30 minutes of generating a code. This is kind of similar to the RSA SecurID method of authenticating, which requires a dynamically-generated code from the key fob plus something else the user knows.
 
It would be nice. I am waiting on gas pumps to start getting them. The place I go to has Apple Pay inside.
 
Robert.Walter said:
I imagine as the networks become more comfortable using AP+TouchID, as the authentication method, that the PIN use requirement will be left to the discretion of the user.
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I'm still having to sign for stuff with AP on occasion despite terminals/POSes like Clover being able to support CDCVM in theory. I think it'll be a while, honestly.
 
tmanto02 said:
It was the natural next step after Apple Pay. My bank (anz Australia) already has contactless cash withdrawals using their ATMs so only a matter of time before they unlock Apple withdrawals also
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What happens if you just tap the Apple device on the contactless reader anyway? It's the same reader with the same logo.
 
gaximus said:
If I ever used cash I would seriously think about switching banks.
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I wouldn't. Closed my Wells Fargo account shortly after they were found to be illegally opening accounts without customer's permission. Can't do business with an unethical bank engaged in fraudulent activity -- especially when caught they throw their employees under the bus. I won't ever go back.
 
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dontwalkhand said:
Useful for deposits too!
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I LOVE mobile deposit!
At first it only allowed a small amount but as I have continued to use it, the max amount allowable has increased significantly.
Sooo convenient.
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Mac 128 said:
I wouldn't. Closed my Wells Fargo account shortly after they were found to be illegally opening accounts without customer's permission. Can't do business with an unethical bank engaged in fraudulent activity -- especially when caught they throw their employees under the bus. I won't ever go back.
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Sometimes, (not always of course) it's good to go to companies that have had problems because now they know the World is watching and they get their **** together, while other companies are doing the same thing only they haven't been caught yet. JS
 
For the life of me I couldn't figure out how to make this work yesterday. :confused:

I had hoped it would do something more dynamic than just texting me 8-digit number via SMS. The thing that concerns me most at ATMs is shoulder surfing for PINs, and this seems this doesn't solve that problem.
 
timborama said:
Who cares if they do see it, it's one time use only. Although needing a PIN is annoying. Make it 10 digits and no PIN. Then you could at least email it to someone to use in a pinch.
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Exactly. If my phone and thumbprint are secure enough to let me buy $100 worth of groceries at Trader Joes, they should be enough to let me get five $20s out of an ATM.
 
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