Why carry around a debit card when you can just carry around your phone? Aiding you in your continuing quest to pare down the size of your wallet is a new Bank of America feature that lets you use your smartphone to withdraw money from an ATM — provided that you have your Bank of America debit card loaded into your digital wallet.
Whether you’re an Apple or Android user, you can now leave plastic at home if you’re looking to retrieve cash from an ATM. Of course, you’ll have to find an NFC- (near-field communication) compatible Bank of America ATM first, but once you’ve solved that piece of the puzzle, you’ll be able to utilize Apple Pay to pull funds out of the bank. Apple Pay follows in the footsteps of both Samsung Pay and AndroidPay when it comes to offering this functionality.
To use Apple Pay to withdraw cash, select the correct debit card from the virtual wallet, then scan your phone on the NFC symbol on the ATM. From there, you’ll be prompted to enter your PIN, whereupon you can select the amount you need withdrawn, and then be on your merry way. And as digital wallets become more ubiquitous, Bank of America hopes to have ATMs capable of accepting Apple Pay across the country by the end of the year.
If you’re looking for more details about how Apple Pay will work with Bank of America, you can check out the nifty new website the financial institution has launched heralding the arrival of the future at your local ATM. Other banks have also introduced similar capabilities, or are planning to in the coming months — Chase and Wells Fargo are among the major financial institutions embracing the digital revolution.
So if your stack of cards is growing too unwieldy to manage, start thinning things out, and just whip out Apple Pay at the ATM instead.