ATM withdrawal with smartphones without any need to have debit and credit card is the new thing being introduced by the UAE Rakbank. Customers having Samsung smart devices can withdraw cash.

National Bank of Ras Al Khaimah shared an official statement which claims the bank being the first one to introduce such service in the Middle East. They partnered with Samsung Gulf Electronics for the given services.

Initially, they were planning to target strong foothold ATMs such as Dragon Mart 2, Wafi Mall, City Centre Me’aisem but it is expected that Samsung Pay solution would be expanded to maximum ATM’s really soon.

Peter England, RAKBANK CEO, shared, “RAKBANK has a rich history of innovation where the Bank has managed to transform the concept of digital banking in the UAE through a host of award-winning digital solutions such as the revamped Digital Banking Platform, MobileCash, Tablet Banking, and Web Chat authentication services.