Tuesday, January 26, 2016

JPMorgan Chase Planning Rollout of Card-Free ATMs

JPMorgan Chase will install new ATMs later this year that will allow customers to withdraw cash or initiate other transactions using their cellphone, reports AP.

The move will include new cash machines that don't require a card and upgrades to existing machines that will allow customers to withdraw more money and in different denominations, said Chase spokesman Michael Fusco. The withdrawal limit will also be substantially higher, up to $3,000.


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