The Austrian bank Raiffeisen announced the deployment of 1200 new ATM machines with modern paymentA transfer of funds which discharges an obligation on the part of a payer vis-à-vis a payee. More and moneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More retrieval functionalities.
The ATMs, manufactured by Diebold Nixdorf, will have integrated QR-codeA QR-code (abbreviated from Quick Response code) is a type of matrix barcode (or two-dimensional barcode) first designed in 1994 for the automotive industry in Japan. A barcode is a machine-readable optical label that contains information about the item to which it is attached. In practice, QR-codes often contain data for a locator, identifier, or tracker that points to a website or application. A QR-code uses four standardized encoding modes to store data efficiently; extensions may also be use... More readers for bill payments, near field communication (NFC) functionalities for contactless money retrieval and cardless transaction capabilities specifically designed for mobile phones.
These innovative functions will allow Raiffeisen bank customers access their cashMoney in physical form such as banknotes and coins. More more quickly and easily settle any payments.