Apple Pay cardless withdrawals now available at 5000

A Wells Fargo ATM featuring the “Use an Access Code” button

You can now withdraw money from over 5000 ATMs without a card, using Apple Pay only

The feature is activated using a mobile phone's mobile wallet feature. Customers can already access any Wells Fargo ATM without a physical card by generating a one-time access code through their Wells Fargo Mobile® Banking app.

If you don't have an NFC-enabled device, you still have an option for interacting with a Wells Fargo ATM without a debit card, though. That's because the company's ATMs now have support for leading tap and pay mobile payment services such as Apple Pay, Android Pay, and Samsung Pay.

Last March, Wells Fargo announced that iPhone and Android users would be able to use ATMs without having a bank card on them. Wells Fargo says it has seen almost 3 million card-free transactions to date, thanks to its addition.

The system works by having users sign into their "mobile wallet features" and then hold the smartwatch or smartphone up to the NFC spot on a supported ATM. In its original implementation, users were required to download a Wells Fargo mobile app that provided them with a one-time 8-digit token that, taken together with a user's pin number, allowed them initiate a varied number of transactions, including cash withdrawals. ATMs that are enabled for this feature will have a contactless symbol decal on the front.

"According to Forrester, by 2021, mobile payments volume in the US will triple", said Jim Smith, head of Virtual Channels. Plus, mobile payments adoption may have also gotten a boost in the wake of the switchover to chip-and-PIN credit cards in the US, where these new chip card transactions often take much longer to process than the traditional swipe ever did.

For more information, visit Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Looking ahead, the bank said that it hopes to out fit 13,000 additional terminals with NFC functionality by 2019. With approximately 271,000 team members, Wells Fargo serves one in three households in the United States. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

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