eATM cash withdrawals via app and ApplePay
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JPMorgan Chase is planning to reveal its next generation of ATMs, which will enable withdrawals through ApplePay or the bank's smartphone app. The machines do not require customers to use plastic cards, and the apps will enable cash withdrawals of up to USD 3,000 — three times more than the current threshold. The eATM interfaces via a large portrait touchscreen, and customers can use it like a conventional ATM and withdraw and deposit cash using their bank card. If users have ApplePay, they can launch the app, authorize via their fingerprint — just as they would with regular point-of-sale transactions — and enter…
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