BankingBusiness

VTB: Introduces contactless ATM withdrawals

VTB: Introduces contactless ATM withdrawals

  • VTB has introduced contactless cash withdrawal from digital debit and credit cards through using QR codes at ATMs
  • The entire operation is carried out in the Online mobile app, without touching the ATM
  • To use the new service, the client just needs to scan the QR code on the main screen of the ATM
  • This can be done through the phone’s camera, the Online app, or a third-party QR code recognition app
  • Then customers need to select a digital card and specify the amount of the operation
  • Cash withdrawal will occur after entering the verification code, and the receipt will be saved in the application history
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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