Spain’s la Caixa bank has deployed the world’s
first contactless-enabled ATMs, claiming the technology allows the
fastest ATM cash withdrawal in existence.

The ATMs are currently located in the 22@
district of Barcelona, Sitges and central Palma with various
locations in the Balearic Islands and Catalonia expected to be
added in the future, although no specific time period has been
revealed.

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Users of the innovative ATMs can wave their
contactless cards next to the reader – a break from the traditional
process of inserting a card into a reader slot – before entering
PIN numbers to operate the machine.

The ATMs, developed by IT service provider
Fujitsu, are also adapted to work with all existing contactless
payment methods, such as NFC (near-field communication)-enabled
mobile phones

la Caixa teamed up with Visa to launch
‘Contactless Shopping’, a multi-city contactless payment system
deployment across the Balearic Islands in March 2011 – touted as a
European-first.

The Spanish bank has started upgrading its
clients’ payment infrastructure and aims to install
contactless-enabled POS terminals for over 5,000 of its merchants.
Contactless payment cards are expected to be sent to over 130,000
Visa cardholders in the Balearic Islands during May 2011. It is
predicted that 75% of these cards will be distributed in the island
of Mallorca while the remaining 25% will be divided amongst
Menorca, Ibiza and Formentera.

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Visa contactless cards issued by la Caixa can
also be used as a transportation card in the EMT urban buses after
signing an agreement with the Metropolitan Transport Company (EMT)
of Palma de Mallorca.