Air Bank, an emerging financial institution in the Czech Republic, is partnering with Diebold Nixdorf for CS 2020 cash dispensers, as well as software and services.
The dispensers feature a range of advanced software-enabled digital functions, including the ability to authenticate and transact without the use of a traditional card reader or PIN pad, according to a press release.
For authentication, the user taps an NFC-enabled card, stick or sticker against the reader and enters a PIN on the encrypted touchscreen.
The CS 2020 also can be configured to authenticate users cardlessly through pre-staging a transaction on the consumer’s smartphone. Once the transaction is staged, the user receives a secure QR code or one-time PIN. The ATM dispenses the cash when the QR code is scanned at the machine.
The simplified user interface provides fast, convenient transaction processing for a better consumer experience, the release said. The addition of a contactless reader and an encrypted touchscreen for PIN entry eliminates the risks of card trapping and skimming.
A recipient of the Red Dot Design Award in 2016, the CS 2020 features a minimalistic design and supports Air Bank’s philosophy of easy-to-use services.
“Simplicity is one of the key values of our bank,” Air Bank Product Manager for cards Jaromir Vostry said in the release. “With enhanced functions, the new contactless ATMs enable customers to withdraw cash as easily, comfortably and securely as they are used when making contactless payments in shops and other places.”
Since its founding in 2011, Air Bank has worked with Diebold to expand its self-service channel. The FI plans to enlarge its existing network of 160 terminals with both contactless and traditional card reader technology throughout 2017.