FNB says ‘tap and pin’ technology at ATMs can reduce transaction time by 20 seconds

Some FNB customers won’t have to insert their bank card into ATMs soon, as the bank will roll out “tap and pin” technology across 100 of its ATMs, and others will be upgraded in 2019.

This is according to a statement issued by the bank on Tuesday. FNB will be the first bank in SA to offer this contactless innovation at ATMs.

It is an effort to improve convenience and safety for customers, the bank’s retail CEO Raj Makanjee said.

“The innovation allows consumers to safely tap their contactless card on the contactless reader of an eligible FNB ATM and enter a PIN to complete the transaction without having to insert their bank card,” the bank said in a statement.

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