Spain gets world's first 'contactless' bank machines
Tuesday 05 April 2011
Spain's biggest savings bank, La Caixa, said Monday it has installed "contactless" automatic teller machines in three Spanish cities, making it the world's first bank to use the techology.
Instead of inserting their debit cards into a slot, customers using the machines only need to wave their debit cards next to a reader and enter their PIN code to withdraw cash or carry out other transactions.
The technology was developed by Japan's biggest IT services firm, Fujitsu.
La Caixa installed the machines in Barcelona, where it has its headquarters, in the nearby city of Sitges and on the holiday island of Mallorca, it said in a statement.
"According to technical figures, this is the fastest automatic teller machine cash withdrawal system on the market," the statement said.
The bank plans to install more "contactless" automatic teller machines across Catalonia and the Balearic Islands in the coming weeks.
The machines currently only allow cash withdrawals but the range of operations that they can carry out will be gradually extended, it added.
La Caixa has some 8,000 automatic teller machines, making it the largest cash machine network in Spain and the second largest in Europe.
La Caixa, founded more than 100 years ago, posted a 2010 recurring profit of 1.5 billion euros ($2.1 billion), an 11.9 percent drop over the previous year.
Life & Style blogs
High-oestrogen contraceptive pills could raise breast cancer risk by 50%, study suggests
The Last of Us Remastered: Once stilted and melodramatic, Hollywood is giving acting in video games a makeover
Ebola outbreak: Why has a disease that's only ever killed 2,000 people captivated the darkest side of our imagination?
Government backs massive new £300m gene sequencing project
National Orgasm Day: Don't get caught up on climaxing
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
- 1 Pope Francis issues top 10 tips for happiness
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 Now diplomacy has failed, boycotting Israel might be the only way we can protect the people of Gaza
- 4 Israel's propaganda machine is finally starting to misfire
- 5 Kelsey Grammer forgives the man who raped and murdered his sister in 1975
- < Previous
- Next >
iJobs Gadgets & Tech
£18000 - £25000 per annum + Commission: SThree: Computer Futures are currently...
£18000 - £27000 per annum + Commission: SThree: Sales - Trainee Recruitment Co...
£18000 - £23000 per annum + Commission: SThree: Progressive Recruitment are cu...
£18000 - £23000 per annum + Commission: SThree: Huxley Associates are currentl...