Spain gets world's first 'contactless' bank machines

Apr 04, 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.

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 debt cards into a slot, customers using the machines only need to wave their next to a reader and enter their PIN code to withdraw 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.

Explore further: Self-driving vehicles generate enthusiasm, concerns worldwide

add to favorites email to friend print save as pdf

Related Stories

New league table of Spanish savings banks created

Oct 01, 2010

Researchers from the Polytechnic University of Valencia (UPV, Spain) have produced a new league table of Spanish savings banks based on economic, financial and social criteria. This is the first study of these ...

Software defect hits millions of German bank cards

Jan 05, 2010

(AP) -- Millions of German bank cards have been affected by a "millennium bug"-like problem because they contain software that can't process the number 2010, industry groups said Tuesday.

Recommended for you

Analysing animal anatomy using augmented reality

Oct 31, 2014

The University of Liverpool's School of Veterinary Science is utilising cutting edge technology to allow students to analyse animals' internal anatomy, using their smartphones.

AeroMobil 3.0 transforms from car to flying car

Oct 30, 2014

A flying car is revealed: AeroMobil 3.0 was introduced this week at the Pioneers Festival in Vienna. The current prototype AeroMobil 3.0 incorporates improvements and upgrades to the previous AeroMobil 2.5.

Future air passengers may get unique, windowless view

Oct 30, 2014

A windowless airplane sounds like a claustrophobic nightmare. A windowless airplane with OLED displays, aura-enhanced with subtle cabin lighting from gently glowing walls could be quite something else. Using ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.