Maybank introduces ATM Cash-out to let you withdraw money without an ATM card

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Did Maybank just make withdrawing money from an ATM easier? The short answer is yes, and you don't need any ATM cards either to perform the task. As the title suggests, you can just use the MAE app on your phone to scan a QR code and voila, the money will come out.

Apparently, this upcoming new feature was announced just last week but Maybank made no sound about it. The ATM Cash-out function is actually hidden inside the "Manage" button in the Quick Actions section there. Tap on it and manually adjust your Quick Actions to put ATM Cash-out replacing whichever action you don't need.

To begin using ATM Cash-out, you will need to log in with your password for security purposes and enter an OTP number sent to your phone number. However, you will also need to wait 24 hours before using the feature for security reasons after you're all one. Since we have to wait, we are guessing that a few or most Maybank ATMs should have the QR code ready for it.

If you are wondering if the person behind could steal your money via QR code, it won't be easy because it still requires your MAE app's 6-pin digit passcode or fingerprint sensor to permit the withdrawal. And that's pretty much it! This will make withdrawing money feel safer, at least in our opinion.

But what do you think of this feature? Let us know in the comments below and stay tuned for more trending tech news at TechNave.com.