UOB to launch smartphone cash withdraw from ATM's

United Overseas Bank (UOB) in Singapore expect to launch contact less automated teller machines (ATM's) that will let customers withdraw cash by using their smart phones.

The UOB said the program will start by the end of this month. But those with UOB MasterCard using Apple Pay will be the first on using the service, while others Android users started with MasterCard users will be start using the service by January 2017.

The bank is aimed the improvement on contactless payment technology to increase payment services.