Contactless ATMs started working in all network of Russian Standard

2019: Installation of contactless ATMs in all departments

On September 18, 2019 the Bank announced Russian Standard to TAdviser the end of equipping of own network contactless ATMs. Devices with NFC technology are installed in all bank departments, in service area 24х7. Contactless ATMs at offices are mentioned by the special sign of instant payment, same, as on plastic cards.

Commission of contactless transactions in ATM will give both to clients of Russian Standard, and card owners of other banks a possibility of simple access to finance (for example, using phone with the NFC function), plus guarantees to users safety of the card – now it cannot be forgotten in the device.

Contactless ATMs for owners of the online map "Bank in Digital pocket" which is issued without physical medium are especially convenient. It can be loaded instantly into free application on smartphone for contactless payment at a design POS-credit in shops and partners of Bank have Russian Standard and also century Mobile bank.

After connection of the NFC sensor with the reader of the ATM, the same information will become available to the client, as at standard use of ATM with the plastic card. So to the ATM it is unimportant whether the card was inserted into it or the client just applied it to the reader. At the same time at data transmission from the card in bank the same reliable protocols of security work.

The innovation will allow clients to save own time as much as possible. By a contactless method in the ATM it will be possible to make any transactions. According to bank the most popular transactions (after replenishment of the card and receiving cash) are:

• obtaining information on card balance;
• capital transfers and transfers for services;
• request of the detailed statement (history of card transactions);
• transfer by the card number.

The average bill of transaction in ATM using NFC on introduction of means was 15200 rub, and on cash withdrawal – 10,045 rub. It is interesting that clients who use the ATM via the contactless module have a few other ratio of operations on replenishment of the card to cash withdrawal: 44% to 56% by the number of transactions and 54%/46% on the amount. Contactless ATMs enjoy the greatest popularity in Moscow, St. Petersburg and Kazan.

Annually experts note growth of quantity and a variety of transactions in ATMs. This trend says that Russians ceased to perceive the ATM only as a cash withdrawal method. So, in 2018 clients nearly 4.5 times more often placed money for the plastic card, than withdrew from it funds.