# Cardless ATM Withdrawals South Africa's FSB Lets Customers Withdraw Cash Using Their Phones By Michael Hines | Published 2011-04-10 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/cardless-atm-withdrawals References: [springwise](http://www.springwise.com/financial_services/fnb/) & [fnb.co.za](https://www.fnb.co.za/) South Africa's [First National Bank](https://www.trendhunter.com/trends/first-answer) is introducing the world's first cardless ATM withdrawals. The bank's new system lets customers withdraw funds simply by using their [mobile phones](https://www.trendhunter.com/trends/mobile-banking-apps). Customers need only to log onto FSB's online banking service on their phones to request cash. Users then select their account and amount they wish to withdraw. Users are then given a temporary one-time-use PIN that can be redeemed at any ATM within 30 minutes. This service could save people time by freeing up where and when they can withdraw their cash. Seeing as how smartphones are becoming more and more popular, I wouldn't be surprised to see more banks adopt cardless ATM withdrawals. ## Trend Insights (Trend Hunter) - Score: 2.2/10 - Popularity: 8% | Activity: 50% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: North America, Europe, Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile) ## Key Themes ### What Makes This Trend Stand Out - **Cardless ATM Withdrawals:** The trend of cardless ATM withdrawals is revolutionizing the way people access cash from ATMs. - **Mobile Banking:** The trend of using mobile phones for banking purposes is growing, allowing customers to conveniently manage their finances on the go. - **Temporary One-time-use Pins:** The trend of using temporary one-time-use PINs for security and convenience is enhancing the ATM withdrawal experience. ### Sectors Adopting This - **Banking:** The banking industry has the opportunity to offer cardless ATM withdrawals to provide customers with more flexibility and convenience. - **Mobile Technology:** The mobile technology industry can develop innovative solutions that enable secure and seamless cardless ATM transactions using smartphones. - **Fintech:** The fintech industry can leverage cardless ATM withdrawals to disrupt traditional banking systems and offer innovative financial solutions. ## Related on Trend Hunter - [Finance-Focused ID Verification Services](https://www.trendhunter.com/trends/id-verification-service.md) - [Africa-Focused Digital Wallets](https://www.trendhunter.com/trends/abba-payments.md) - [Biometric Banking Technology](https://www.trendhunter.com/trends/biometric-system.md) - [Seamless Biometric Payment Tools](https://www.trendhunter.com/trends/mastercard-1.md) - [Gen Z-Specific Numberless Cards](https://www.trendhunter.com/trends/axis-bank.md) - [Financial Accessibility-Focused Partnerships](https://www.trendhunter.com/trends/financial-accessibility.md) - [AI-Assisted Dual-Side ATMs](https://www.trendhunter.com/trends/dualsided-atm.md) - [Anti-Fraud Bank Accounts](https://www.trendhunter.com/trends/high-security-savings-account.md) - [Fingerprint-Scanning Payment Cards](https://www.trendhunter.com/trends/biometric-payment-cards.md)