In Riga, first Diebold Nixdorf ATMs for contactless cards were introduced. The project, carried out by BS/2 banking technologies for BlueOrange Bank, was an excellent example of the successful application of NFC technology in the financial sector. NFC (Near Field Communication) is a wireless technology for a distance of no more than 10 centimeters. Although the maximum data-transfer distance with NFC is less than with the use of Bluetooth technology, for the banking technology this is rather a bonus, since the possibility of stealing data by scammers substantially narrowed.
The process of withdrawing cash through contactless ATMs is becoming even simpler and more convenient. Such ATM supports all main functions: withdrawal and deposit of cash (where the ATM device itself allows), get the report on the last 10 transactions and obtain information on the card balance.Read more