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Draw money from the ATM using a Barcode

Home / Technology / Draw money from the ATM using a Barcode

A new NCR cash withdrawal function allows customers to authenticate through their existing mobile banking application and ‘pre-stage’ their cash withdrawal by scanning a 2D barcode on the home screen of their bank’s ATM.

NCR says that by removing cards and PINs from the process, its new system offers a more secure approach to traditional ATM transactions. No consumer data is stored on the device or contained within the on-screen 2D barcode while the threat of card skimming is killed off. You can check out the original article here:  http://www.finextra.com/news/fullstory.aspx?newsitemid=23791

We are all fully aware of the potential of 2D (QR) Barcodes for marketing applications and their ability to link print  to other digital media in integrated marketing campaigns but very little, comparatively speaking, is being done to use 2D barcoding to solve business processing problems.  What we want to highlight here is the real world business application developed. All the benefits of traditional barcoding to track and trace, to automate mundane tasks and to eliminate human error can be translated into the QR barcoding realm adding to those solutions the benefits of mobile phone features, instant data accessibility, mobility and global reach. The point is to think bigger than just marketing applications. Find or develop solutions that delve into the core of business processes and eliminate the monotony of mundane tasks while removing any possibility of human error – that’s when our tail really starts to wag!

 

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