Goodbye to Cards: Banco Santander Issues a Warning to Thousands of Spaniards

In the digital era, convenience and security are essential in our financial transactions. Increasingly, technology allows us to conduct our banking operations with ease, eliminating barriers and optimizing time.

In this context, Banco Santander has taken a significant step. It already allows its customers to withdraw cash from ATMs without the need for a physical card.

This service is already available for those customers who have a compatible smartphone. So, when they want to perform a transaction at any Banco Santander ATM, they will only need it to have NFC technology.

Goodbye to cards: how to withdraw money with just your mobile

To take advantage of this feature, users must meet some basic requirements. First, they need to have a smartphone with NFC technology and have a mobile payment application like Samsung Pay, Google Pay, or Apple Pay installed. Most modern smartphones meet these requirements, so access to this service is within reach for most Banco Santander customers.

Once these requirements are met, the process of withdrawing money without a card becomes simple and quick. However, it is essential to ensure that everything is in order regarding account setup.

This includes checking that the bank card is correctly linked to the chosen mobile payment application. If everything is ready, the user can proceed with the process of withdrawing cash safely and efficiently.

Steps to withdraw money without a card at Banco Santander

The procedure to withdraw money from the ATM without using a physical card consists of only three steps. First, the user must open the mobile payment application on their smartphone and select the card they wish to use for the transaction.

Next, they go to the Banco Santander ATM, and all they need to do is bring the device close to the ATM's contactless reader. This step is crucial, as the ATM needs to detect the smartphone's NFC signal to authorize the transaction.

Once the device is correctly positioned, the ATM will ask the user to enter the PIN of the linked card to complete the transaction. It is important to note that this step is still necessary to ensure the security of the operation, as it protects the user from potential fraud or unauthorized use of their account.

Advantages of withdrawing money with a mobile at Banco Santander

Withdrawing money without a card has several advantages that make it an attractive option for users. It eliminates the need to carry a physical card, which means greater convenience instead of carrying multiple cards. Additionally, this system allows for faster and more agile transactions.

Another important benefit is the improvement in security. By not needing a physical card, the risk of loss or theft is reduced. In case the phone is lost, most mobile payment applications have additional locking and security options that protect the user's funds.

Moreover, this service is available for most Banco Santander customers who have a modern smartphone compatible with NFC technology.

Although the service offers many advantages, it is also important to consider certain aspects. Banco Santander has established a daily limit of 1,000 euros (1,000 euros) for cardless withdrawals. This limit is designed to protect both users and the bank, ensuring that transactions are secure and within a reasonable range of daily transactions.