30 August 2016
Find out more

Diebold launches ATM contactless card reader globally

09 October 2013  |  2901 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)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Find out moreVisit equens.comVisit capgemini.com

Top topics

Most viewed Most shared
India's Unified Payments Interface goes live with 21 banksIndia's Unified Payments Interface goes li...
9333 views comments | 23 tweets | 26 linkedin
R3 blockchain consortium sheds light on Concord projectR3 blockchain consortium sheds light on Co...
6755 views comments | 15 tweets | 14 linkedin
Cultural change crucial in digital transformationCultural change crucial in digital transfo...
6741 views comments | 11 tweets | 10 linkedin
Mondo becomes MonzoMondo becomes Monzo
6450 views comments | 14 tweets | 9 linkedin
hands typing furiouslyBlockchain: Some Remarkable Announcements!
6160 views 0 | 5 tweets | 14 linkedin

Featured job

Find your next job