Do you want to get cash or make payment without your card? The Bank Of America has introduced Digital Wallet which allows you to withdraw money, make purchases on your favorite apps.Getting cash from an ATM without a card is easy. Simply use any of the digital channels and you are good to go.
The Bank Of America cardless ATM option allows users to initiate an ATM withdrawal directly from their mobile banking app. Users can select the amount they want to withdraw through their banking app.This can be done using Digital Wallet. Cardless ATMs allow you to still have access to all of your accounts
Read: Bank of America online banking and Mobile app
How to Set up your BOA Digital Wallet?
Before you can perform Cardless withdrawal, You need to set up a Digital Wallet either in-store ,in-app and online. Cardless ATM transactions are generally more secure, they pose a different set of risks.
How to Add a Card to a Bank Of America digital wallet?
To add your card to digital wallet just follow the steps below:
1.Kindly Log in to the Mobile Banking app
2.Visit the Menu icon.
3.Select Manage Debit/Credit Card.
4.Choose the card you want to add and tap DIGITAL WALLETS.
5.Choose your preferred digital wallet.
6. Selection to complete adding your card to your wallet.
7.Once done, you will see a confirmation that your card has been added to your Digital Wallet. You’re now ready to make purchases, withdraw etc.
Also read: Bank of America Small Business Loans
How does Bank Of America Cardless ATMs withdraw work?
You should Log into the Digital wallet On Mobile app On the Shortcut segment, Select Cardless Withdrawal, Include amount. Cardless ATMs provide access to your account and allow you to withdraw cash without the need for a card. Instead, they rely on account verification via text message or a banking app on your smartphone.
At the ATM, users can use their smartphone digital wallet, enter the verification code and PIN, and the ATM machine will automatically disperse the amount you requested through phones. Or select your card in your wallet and hold your phone over the Contactless Symbol at any Bank of America ATM to get your cash
Read: Bank of America Swift Code and how to send an international wire transfer
Conclusion
Bank of America are all compatible with Google Pay, Apple Pay and Samsung Pay. Since cardless ATM apps from these banks are compatible with both Android and Apple phone.Other features to the mobile app announced today include a personal finance management feature and a mobile dashboard. It can be use for account balances, budgeting tools, FICO Scores, Mobile Alerts, and Zelle etc.
