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Santander México Launches NFC Contactless Cash Withdrawals at 8,000 ATMs

Customers can tap their Santander cards to withdraw cash in under 30 seconds at most machines, with the bank poised to complete coverage across its network in the coming days

Overview

  • Santander has enabled NFC withdrawals on 8,000 of its 10,000+ ATMs and expects to finish rolling out the feature within days
  • Cardholders simply tap their Santander card to the ATM’s NFC reader, enter their PIN and follow the standard withdrawal flow
  • The bank is the first in Mexico to adopt NFC technology for ATM cash access, responding to growing demand for touch-free banking
  • The new NFC option complements existing QR-code and app-based cardless withdrawals to create an omnichannel ATM experience
  • Cash withdrawals represent 80 percent of Santander ATM transactions and carry a daily limit of 12,500 pesos, making the upgrade highly impactful for customers