Customers Can Now Withdraw Cash at Select ATMs Using Smartphone App
Popular
Community Bank, one of the nation's premier community banks and a
subsidiary of Popular, Inc., has launched “Mobile Cash,” allowing
customers to make withdrawals at ATMs using the app from their
smartphone. Mobile Cash has rolled out to select branches and is
gradually being deployed to the entire Popular Community Bank ATM
network in New Jersey, New York and South Florida over the next few
months.
Mobile Cash allows customers to quickly make withdrawals by logging into
the app using a passcode or Touch ID™ and scanning the QR code on the
ATM to dispense cash securely. Customers can use the locator on the app
to find the nearest ATM with Mobile Cash access.
“Popular Community Bank is thrilled to be one of the first banks to make
this technology available to our customers. We are constantly innovating
to bring convenience and an approach that allows our customers to bank
the way they want to,” said Manuel Chinea, COO of Popular Community
Bank. “We are a community bank with tremendous institutional
capabilities and a commitment to technology similar to large financial
institutions. Our aim is to complement our high touch customer service
by powering it with technology that delivers speed, security and
accessibility anytime, anywhere.”
Mobile Cash also adds a layer of security by preventing fraudsters from
stealing PIN numbers and skimming cards. It also ensures that sensitive
information is not stored on the phone and protects this information in
the event the phone is lost or stolen.
Mobile Cash is one of several recent digital features Popular Community
Bank has deployed. The PIN Password and Touch ID™ features were launched
last September as Popular Community Bank prepared for the rollout of
Mobile Cash and in January the bank rolled out People
Pay, a new person-to-person payment solution accessible via mobile
or online banking.
About Popular Community Bank
Founded in 1893, Popular, Inc. (NASDAQ:BPOP) is the leading banking
institution by both assets and deposits in Puerto Rico and ranks among
the top 50 U.S. banks by assets. In the United States, Popular Community
Bank has established a community-banking franchise providing a broad
range of financial services and products with branches in New York, New
Jersey and Florida.
Popular Community Bank’s services are available at branches and online
at http://popularcommunitybank.com.
Banco Popular North America is a Member of the FDIC and operates under
the assumed name “Popular Community Bank” in the markets in which it
operates. For customers seeking more information, call 1-800-377-0800 or
email popularnet@bpop.com. Find
out about the community service of Popular Community Bank on Facebook at www.facebook.com/PopularCommunityBank.
©2016 Banco Popular North America. Member FDIC.
