01 April 2015

Diebold launches ATM contactless card reader globally

09 October 2013  |  2580 views  |  0 Source: Diebold

Diebold, Incorporated (NYSE: DBD) is making a contactless card reader available to all financial institutions globally. The solution leverages Near Field Communication (NFC) at the automated teller machine (ATM), allowing the user interface to read contactless payment cards, mobile devices with NFC support and additional forms of contactless media such as fobs, stickers and tags.

Available as an upgrade on existing Opteva® terminals, Diebold's contactless card reader coexists with both dip and motorized magnetic stripe card readers to allow an alternate method to initiate transactions. When a contactless card, which contains a chip or processor capable of communicating and exchanging information with a contactless reader, is placed within a few inches of Diebold's solution, the card is detected within seconds via NFC technology.

Different from traditional magnetic stripe cards, Diebold's contactless card reader makes it unnecessary for the contactless card to be swiped or inserted into a terminal, resulting in enhanced speed, convenience and security for consumers while at the self-service channel. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
Europe sets the pace as fintech investment...
6466 views comments | 29 tweets | 20 linkedin
UK online banking fraud losses soar 48%
6052 views comments | 16 tweets | 19 linkedin
Future Money Focus: Mariano Belinky, Santa...
5701 views comments | 12 tweets | 12 linkedin
Barclays and PayPal join Government ID acc...
5076 views comments | 11 tweets | 11 linkedin
Swift London Business Forum to continue di...
4735 views comments | 5 tweets | 4 linkedin

Featured job

Basic £85-110K dependent on experience OTE circa £...
London

Find your next job