GTBank Introduces Cardless ATM Withdrawals

GTBank is one of the primary banks I utilize to handle my personal and corporate business. I like their style, convenience (best felt if you bank on the Island), and service for the most part. Although it gets annoying when everytime you walk into a branch because you don’t have an ATM card, the cashier asks, “Sir, don’t you have an ATM?”  I guess that’s just one of the questions, management insists they ask the defiant customer who dares to live without an ATM.

But I think management can breathe a little easier now.

GTBank launched a new mobile money service earlier this week. There are a couple features I like about the mobile money service, but the most fascinating for me is the fact that I can finally use an ATM, even though I don’t have an ATM card. Yes! The mobile money application allows you to use an ATM without a Card, and GTBank ATMs have the technology which allows you to withdraw money from an ATM without an ATM card. Forget cashless banking, cardless banking is the new IT.

It sounds ironic, but as a mainland dweller (GTBank mainland branches are usually packed to the door with customers), I am in desperate need of ATM. I don’t necessarily care for the efficiency with which an ATM can help you drain your last paycheck on a Friday night out with the crew, but there’s something more reassuring about having a mobile application in your smartphone that puts your bank in your palm.