Currently, in all over the world bank account holders must have ATM cards for the transactions of cash payment anywhere. ATM stand for Automated Teller Machine that enables a bank account holder to access or to perform transactions such as deposits, cash withdrawals, obtaining account information, etc. ATM cards are known by a variety of names such as bank card, MAC (money access card), client card, key card or cash card. Sometimes ATM cards became so risky and could be a danger. Regarding recent crime news, we can see some peoples feel unsafe while transaction process or pay out their cash. ATM Card can also be risky in the form of online payment. Some of the Hackers can access through your card and can transfer your fund to their accounts. Today, I will tell you that How you can make a transaction without credit card from ATM.
How to Make Transaction Without Credit Card:
Necessity is the mother of inventions. Due to those problems, a unique system is required through which we can safely transact our cash from ATM Machines. New technology in this regard has been invented. Now we can access and control our bank accounts. Or in other simple words, we can make a transaction without credit card through eye scanning technology.
This impressive technology will be applicable shortly. The best advantage of accessing to a bank account with eye scanning is to provide a safe environment to card holder during the transaction process. The second best thing in this regard is that ATM will need less time for processing rather than cards. Now you can also check and pay your PTCL bill online without waiting in long line.
A USA group name “City Group” have started working on this project. In this regard, city group of USA works mutually with a cash machines manufacturer name Diebold. On the other side, Bank Of America is also working on the similar application.
This excellent app will also be available for smartphone users once after launching. Firstly, scanning of an eye be completed and then cash will be drawn or deposited. Now the company Diebold have successfully examined eye scanning accessing on more than 30 peoples. This new technology will kick away too many risks of credit card users.