Austrian Bank To Introduce New ATMs Featuring NFC and QR Code Integration

Contactless payment technology, as well as QR codes, are slowly gaining traction within the financial sector–so much so that even Raiffeisen Bank in Austria is re-fitting their existing ATM network with 1,200 new devices, enabling both payment technologies. Consumers will be able to conduct advanced bill payments, as well as use QR codes and NFC technology for all kinds of operations. Most people who have ever used a bank ATM in their life may have noticed that these devices do not change much over the years. Keypads may be swapped out for newer ones, and the on-screen menus may change now and then, but beneath the hood, bank ATMs have operated in virtually the same manner for multiple years now.