Chase Introduces Cardless ATMs

Chase announced earlier this week that it had rolled out cardless transactions to most of its ATMs. Customers no longer need a physical debit card and can instead retrieve cash using their smartphone and a mobile wallet such as Apple Pay, Google Pay, or Samsung Pay.

To use the new feature, go to an ATMs with a cardless symbol and using your mobile wallet, tap your phone, and then enter your PIN to access the account.

Chase Cardless ATM

Chase has been testing the new feature for almost two years.

Besides being a convenient perk to Chase’s more than 30 million active mobile customers, the feature will also save Chase money. It costs about $0.20 to replace a lost, stolen, or otherwise corrupted card, according to the consulting firm A.T. Kearney, a sum that can add up when you serve tens of millions of customers, Business Insider reports.

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