Apple Pay may soon make its way to ATMs from Bank of America and Wells Fargo. Both companies are said to be working on a project to make the contactless payment system compatible with ATM transactions, allowing customers to view bank balances, withdraw money, and more.
Engineers from both banks have been hard at work on such a program, according to a new report from TechCrunch
When I pressed harder and asked if that meant Apple Pay would likely be one of those mobile wallets, he admitted with a laugh "I think that's a good assessment." When asked about whether its ATMs would work with Apple Pay, Bank Of America's Consumer Banking Products press representative Betty Riess told me "We already have number of mobile wallet programs…" implying Apple Pay could join them.
When it's supported in stores, restaurants, and other outlets, Apple Pay can replace a customer's use of their credit or debit card. It would be useful if banks would make it possible for Apple Pay to come into play for other card-releated transactions as well.
Source: TechCrunch
