German IT provider Wincor Nixdorf has teamed up with Indian mobility solution provider Mahindra Comviva to enable NFC and QR Code based transactions at the ATM.
The collaboration will enable users of Mahindra Comviva’s mobiquity wallet to withdraw cash and top up their mobile wallets at the ATM by scanning a QR code or using their NFC-enabled mobile device.
Mahindra Comviva senior VP and head of mobile financial solutions Srinivas Nidugondi said: "Collaboration with Wincor Nixdorf will help in boosting our consumer focus by enabling mobile wallet transactions at the ATM using new age technologies like NFC and QR code. The NFC offering will ride on our mobiquity Wallet’s HCE rails to enable secure communication between the consumer’s phone and the ATM through a token-based transaction."
Wincor Nixdorf head of mobile financial solutions Hermann Salmen added: "ATM networks as a sales and service channel will play an increasingly large role in the mobile wallet strategy of providers to deliver an omni-channel-experience and higher security in interacting with their customers.
"With standardized interfaces, such as the Open Wallet Interface for mobile wallet solutions, we make integration easier and support mobile money providers with extensive services – from installation to operation of complete ATM networks."