Pakistan bank offers mobile ATM cash withdrawals

Customers of Pakistan’s Askari Bank can now withdraw cash from ATMs using their mobile phone. “All customers need to do is log in to their mobile wallet to generate a voucher,” technology provider TPS says. “A unique voucher code (one-time password) is instantly sent to customers via a text message on their registered mobile number. Customers can redeem the voucher at all Askari Bank ATMs across Pakistan.”

  • Willam Hugh Murray, CISSP

    “Skimmer” proof. Potential to reduce the vulnerability to counterfeit cards. However, the consumer will adopt it because it is convenient; we get the security for free.