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Wells Fargo launches contactless ATMs to significantly reduce transaction time (WFG)

This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Wells Fargo enabled contactless withdrawals from phones or payment-enabled wearable devices at over 5,000 of its ATMs, according to a press release. Customers can initiate the contactless withdrawals through mobile wallets — including the Wells Fargo Wallet, Apple Pay, Android Pay, and Samsung Pay — and then hold their phones or wearable devices by the NFC-reader at the ATM.
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