PrivatBank: “Urgent” Cash Withdrawal
PrivatBank has issued an upgraded version of Android application Urgent Money that allows withdrawing cash without cards at all the PrivatBank ATMs in Russia.
Earlier the service of urgent cash withdrawals using smartphones became available within the Ukrainian PrivatBank ATM network. A user can just run the application on a smartphone, choose a card, an amount of cash and get an SMS with the transaction code. The urgent cash withdrawal technology has several security levels which minimizes risks of unauthorized access to the account.
Besides SMS-passwords the amounts available for a single withdrawal are limited (5 thousand rubles) and the ATMs are equipped with surveillance cameras.