Wincor Nixdorf says it is looking to appeal to digital natives by launching an ATM that allows customers to withdraw cash using a smartphone or a near-field communications (NFC) card.

Smartphone users can initiate cash withdrawals on the CINEO C2020 device via an app, which is provided by Wincor and can be downloaded with a bank's own branding from the App Store.

A typical user case scenario envisaged by Wincor involves a consumer opening the app while en route to the ATM, selecting the account from which the funds will be withdrawn and the amount of the withdrawal. They then receive a QR code, which they scan at the ATM's QR code scanner to identify themselves, although NFC technology is also available for authentication as an alternative payment option.

In cases when cash is withdrawn using an NFC card, bank customers enter their PINs using an encrypting touch sensor.

Wincor said: "Since the device has a contactless reader and an encrypted touchscreen for PIN entry, the risks of card trapping and skimming attacks are eliminated.

"Several banks in Europe, the USA and Asia have already begun testing the CINEO C2020."

The new system can also be used to dispense cash to third parties: in this scenario, the transaction data is transmitted to the recipient's mobile terminal with the aid of PC/E software, and the recipient can then collect the cash at the ATM.

Another function offered by the app is an ATM finder that shows the user where to find the nearest ATM that offers cardless cash withdrawals.

The move by Wincor to combine traditional cash dispenser systems with emerging mobile technology comes at a time when mobile payment is becoming increasingly popular on a global scale. The launch of Apple Pay and Samsung Pay, which allow consumers to pay for items via the swipe of an NFC-enabled phone, are viewed by many in the industry as the future way to pay and a long-term replacement for purses and wallets.

By acknowledging this growing trend with the launch of its latest solutions, Wincor is clearly recognising the payment preferences of a new generation while still serving the mass market's needs.

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