FNB launches South Africa's first "Tap and PIN" ATMs

J

Jamie McKane

MyBroadband Journalist
Joined
Mar 2, 2016
Messages
7,000
Reaction score
1,007
FNB launches South Africa's first "Tap and PIN" ATMs

FNB announced that it will now offer customers the ability to conduct ATM transactions using a "Tap and PIN" method.

This functionality removes the need for customers to insert their card into an ATM, instead allowing them to tap their NFC-compatible bank card and enter their PIN to complete the transaction.
 
Additionally, this method of interacting with ATMs protects FNB customers from card-skimming devices.
Click to expand...

How? The card skimmers will just add NFC to their skimmers....
 
backstreetboy said:
I haven't withdrawn cash in ages.

Lol the queues are still there. They don't magically disappear. Zapper actually saves me time.
Click to expand...
Me too
Never go to an ATM
Rather use the Cash Back facility at my Pick n Pay.
Safe
And no one is going to rob you at a till point in Pick n Pay
:thumbsup:
 
FNB estimates that the “Tap and PIN” feature will reduce the time it takes to make a withdrawal by up to 20 seconds per transaction.

Doubt it people hog those atms for life!!
 
Oh really? A whole 20 seconds after waiting for 30 minutes on a busy day. At least Capitec's cardless ATMs make sense like when you forget your card and isn't just marketing hype.
 
Swa said:
Oh really? A whole 20 seconds after waiting for 30 minutes on a busy day. At least Capitec's cardless ATMs make sense like when you forget your card and isn't just marketing hype.
Click to expand...
6 people in the queue, 120 secs faster. That's saves you 2 mins. So you are down to 28 minutes :p
 
Dan C said:
6 people in the queue, 120 secs faster. That's saves you 2 mins. So you are down to 28 minutes :p
Click to expand...
It takes 5 seconds to insert a card. It takes 5 seconds to tap a card in the correct place. I don't see a difference as the time spend is still with the pin and taking out the card.
 
In Asia they got this, but also with support for scanning a QR code as the NFC doesn't work on IOS devices.

With the QR code you can also generate one with a certain amount of money that you need to withdraw before hand, so just scan the code and the cash pops out without needing to put in PINs or navigate the menu.
 
^^^ probably the next idea FNB will go with.

but Im sure the criminals will adapt NFC into their skimmers and the cameras to capture your pin,

I mean people are already worried that NFC can be used to steal your details remotely without you even knowing.
there is the whole tin foil brigade that will say you need to shield your card in order to not get your cash stolen.
 
Gtx Gaming said:
FNB estimates that the “Tap and PIN” feature will reduce the time it takes to make a withdrawal by up to 20 seconds per transaction.

Doubt it people hog those atms for life!!
Click to expand...
Going to take longer with people trying to understand this new facility.

No card, ou wena!!!!
 
Chuckmyster said:
Me too
Never go to an ATM
Rather use the Cash Back facility at my Pick n Pay.
Safe
And no one is going to rob you at a till point in Pick n Pay
:thumbsup:
Click to expand...
It's convenient, but it costs you a lot more in bank charges, and you can't draw big amounts if necessary. ATM's are still the cheapest way to go when grabbing cold, hard moola.
 
It's high time that they switched away from that almost 40 decade old method of inserting a card and punching in a PIN.
 
InfidelGastro said:
It's convenient, but it costs you a lot more in bank charges, and you can't draw big amounts if necessary. ATM's are still the cheapest way to go when grabbing cold, hard moola.
Click to expand...
Doesn't cost me a single cent in bank charges with my FNB card
 
InfidelGastro said:
It's convenient, but it costs you a lot more in bank charges, and you can't draw big amounts if necessary. ATM's are still the cheapest way to go when grabbing cold, hard moola.
Click to expand...
Tills are much cheaper than ATMs. Unfortunately if you try to withdraw like R3000 the cashier looks at you as though you're trying to rob them. They don't seem to understand that you're doing the shop a favour and that it's big cash which they won't give out as change.
 
The ATM near one of my suppliers was out of order with a card stuck in it since Saturday. Went there today and they replaced it with a new tap and pin ATM.

At least cards won't get stuck in it anymore.
 
Swa said:
It takes 5 seconds to insert a card. It takes 5 seconds to tap a card in the correct place. I don't see a difference as the time spend is still with the pin and taking out the card.
Click to expand...

It's not just the inserting of the card that takes time. At till points, inserting the card and removing it later is definitely a longer process than tapping it.

And if it takes one 5 seconds to tap the card, after the first time you did suck a ATM withdrawal, then one has other bigger issues in life to deal with.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter