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Bank of America and Wells Fargo Working to bring Apple Pay to the ATM

Bank of America and Wells Fargo Working to bring Apple Pay to the ATM

Bank of America and Wells Fargo representatives have indicated both banks are in the process of bringing Apple Pay support to their Automatic Teller Machines. The move would allow iPhone and Apple Watch owners to use their devices to conduct transactions at both bank’s ATMs.

Bank of America and Wells Fargo Working to bring Apple Pay to the ATM

AppleInsider:

While neither bank confirmed plans to incorporate Apple Pay into upcoming ATM digital wallet solutions, representatives intimated such potential to TechCrunch on Thursday.

Wells Fargo’s head of ATMs Jonathan Velline implied Apple Pay would come to its ATMs. He confirmed that “We’ve been working on the technology that allows us to hook to digital wallets, leveraging NFC on mobile phones to replace the card at the transaction at the ATM. Right now the wallet that we support is Android Pay.”

Velline continued by saying the bank would likely add more mobile wallets throughout the year, and while the initial launch will be with Android Pay, “that doesn’t limit us from considering other mobile wallets.”

Bank of America is also developing a cardless ATM solution to allow customers with NFC-enabled smartphones to complete transactions. However, the bank’s Consumer Banking Products representative Betty Riess was less forthcoming with her employer’s plans, merely telling TechCrunch: “We already have number of mobile wallet programs…” implying Apple Pay could join them.

Riess requested to double-check with her supervisors as to what she could say about the possibility of Apple Pay at the ATM. She called TechCrunch back, and was more reserved, saying only “At this point we’re not confirming which phones they’ll work with.”

Bank of America is expected to rollout their NFC ATM solution at a number of ATMs in Silicon Valley, San Francisco, Charlotte, New York and Boston. A wider rollout would follow later. Wells Fargo did not offer a specific timeline for its rollout.