In this world of constant technological evolution, even everyday tasks are being transformed by innovations that change the way we live and relate to the environment. One of the most notable changes is taking place in the way cash is withdrawn from ATMs. The revolution has arrived, and the old ATM is being replaced by new ways to get money more conveniently and safely

NFC (Near Field Communication) technology has been the protagonist of this radical change in the cash withdrawal experience. This technology, which enables wireless communication between nearby devices, has opened the doors to a new era of mobile payments and financial transactions without the need to use physical cards.

Set up NFC

It is no longer necessary to carry more than one debit or credit card. The mobile payment revolution has made your smartphone your new digital wallet. how is it It's simple. With Apple Wallet, Samsung Pay and Google Wallet apps and the like, you can link your cards securely and quickly. Once set up, the phone becomes a tool for withdrawing money from ATMs.

For Android device users who use Google Wallet, the process is particularly easy. Just follow these steps:

• Install and open the Google Wallet application.
• Select "Add to wallet" and choose "Payment card".
• Scan your card or enter the data manually.
• Save the information and accept the terms of your bank.
• It is important that the variety of options of Google's operating system allows some banks to use their applications for mobile payments. Before setting up any service, check if your bank offers a specific app for this feature.

For iPhone users with Apple Wallet, the process is very simple:

• Open the Wallet app on your iPhone.
• Press the "+" button to add a card.
• Follow the on-screen instructions and complete the card details.
• Verify information with your bank, including downloading their app if needed.
• After completing the setup process, the next step is to go to an ATM with a 'contactless' function. This technology allows communication between your phone and the ATM, without the need for physical contact. When you hold your phone close, the teller will interpret the information just as it would with a physical card.

Benefits

The revolution is not only about comfort, but also about safety. With this new way of withdrawing money, you reduce the need to handle physical cards and PIN codes in a potentially dangerous environment. Also, if your phone is lost or stolen, most mobile payment apps offer advanced security measures, such as biometric authentication or the ability to remotely block access to your cards.

However, it should be noted that despite this revolution, traditional ATMs will not disappear completely in the short term. As technology continues to advance, coexistence between traditional cash withdrawal methods and new mobile payments will become a reality. However, the revolution is already underway, and more and more people are adopting this innovative and safe way of withdrawing money.

Bank of Spain's warning about ATMs

Although using an ATM is one of the most common activities, it is an operation that can raise many questions for users.

Going to an ATM and withdrawing cash is one of the most common activities among people with a bank account.

In addition to obtaining cash, these devices also allow you to perform other types of operations, such as checking your available balance or recent movements.

However, the Bank of Spain (BdE) has warned users of their rights and answered some of the main questions when using these devices.

Commission payment

The bank manager reminds that the financial entity that owns the ATM cannot charge a commission directly to the users.

However, the ATM bank may charge a fee to the financial institution that issued the card, in the same way that it may charge the end user.

In any case, as the financial institution headed by Pablo Hernández de Cos makes clear, before the invoices appear, the cashier will have to announce whether or not he will charge commissions and determine the amount.

Cash out

In response to users who ask if it is possible to withdraw cash if you do not have a bank card, the Bank of Spain has determined that many financial institutions offer this option.

"Mobile cash", "cash out without card", "cash out with code" or "mobile money" are what ATMs call some of the options they show to get the mood out.

To do this, you need to enter the mobile number of the person you want to send money to. You will then receive an SMS with the amount and a secret key.