Important announcement for unemployed people over the age of 52 who receive assistance from SEPE
ATMs have evolved beyond old card insertion. A growing number of banks now offer a Contactless option that lets people complete transactions without touching or sliding their physical card.
Many financial institutions are updating this system to work smoothly with NFC technology. The question is simple: what is this new capability and how can someone benefit from it?
What is the NFC technology that will reach ATMs in Spain?
NFC, or Near Field Communication, is a short range wireless tech that enables data exchange between nearby devices. When two devices equipped with NFC come within a few centimeters, information can be transmitted quickly and securely. In practice one device acts as the active partner and the other as passive, providing a seamless way to connect and transact without inserting a card.
How to withdraw money from ATM with NFC
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Open the app where the card is stored, such as a banking app or a digital wallet.
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Enable NFC in the phone settings. Some devices may not support this feature yet.
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Hold the mobile device or smartwatch near the Contactless ATM and wait for the terminal to recognize the device.
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Enter the PIN as usual and complete the withdrawal or transaction as you would with a physical card.
Using NFC for cash access is considered as safe as traditional methods, but it does require awareness of what the phone can access. If the device is lost or stolen, promptly suspend cards and contact the bank to prevent unauthorized use.
The shift to contactless withdrawals reflects broader trends in digital payments across North America and Europe. Cardholders should stay informed about which devices and apps their banks support, and how to verify transactions in real time. By understanding the steps and safeguards, users can enjoy faster access to cash while maintaining control over their financial security.