ATM, bank

ATM’s to go Cardless as Society goes Cashless?

Frost & Sullivan predict more secure and more convenient future of ATM Cash Withdrawals (Security Park)

“It is difficult to foresee how common cardless ATM services are going to look like in the future, especially with some initiatives that aim to reduce the usage of cash, like contactless payments and digital money. However, I do believe that cardless ATM services are going to find a space within specific customer segments, urged by either the necessity or the convenience of usage,” concludes Mr. Fernandez.

As for the title of this post “ATM’s to go Cardless as Society goes Cashless?,” I’m not convinced of either proposition, but the blurb at Security Park does get one thinking.

I’m betting ATM cards, or other tokens, will be around for a while. Cash will be around for a lot longer than tokens.

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