Savings bank customers have had to adapt to a number of changes over the past few weeks. But now there is a positive change that affects withdrawing money.
Sparkasse customers can now withdraw money from ATMs not only with their bank cards, but also with their smartphones. This is made possible by a digital version of the bank card.
Sparkasse ATMs have been equipped with an NFC field for a long time. This makes it possible to simply place the bank card instead of inserting it into the reading slot as before. Since autumn 2021, money can be withdrawn contactlessly from the Sparkasse. If you don’t have your bank card with you, you can still use the NFC field – with your smartphone. The whole thing works in a similar way to paying with Google Pay and Apple Pay.
Withdraw money from the savings bank with your smartphone – this is how it works
Android users who want to withdraw money with their smartphone need the Sparkasse’s “Mobile Payments” app. The digital versions of the available cards – such as debit cards, Girocards or credit cards – are already stored in the online banking account. iPhone owners don’t need to install an additional app and can use Apple Wallet instead. To add the bank card, select “Sparkasse” from the list of banks and the appropriate card type. Finally, adding the card must be confirmed via TAN.
Also read: Big change at savings banks and Volksbanks! Customers have to change
In order to be able to withdraw money from Sparkasse ATMs with your smartphone, it must be unlocked and NFC activated. If users now hold it up to the NFC terminal, the ATM automatically reads the card data and displays the “Withdraw money” option on the screen. However, as before, the process must also be confirmed via PIN – so withdrawing money from the Sparkasse is not completely contactless.
Whether an ATM supports the new way of withdrawing money can be seen from the NFC logo and the card reader. The Sparkasse points out that withdrawing money via smartphone from ATMs in the Sparkassen-Finanzgruppe is not yet available.