Do you know what it is like to be at an ATM and realize you have forgotten your wallet while at the machine? If you are in a risky situation, carrying a card may not be an option for you. There is a cardless withdrawal feature available at Polaris Bank that can save the day! In this guide, we will go over what cardless withdrawal is, how to use it, and some of the most common questions you might have. Come on, let’s get started!
Key Takeaways
Quick Access: Get cash without your physical ATM card.
Safety: lower card theft risk.
Ease of Use: Simple steps via USSD or mobile app.
Emergency Ready: Perfect for when you forget or lose your card.
Added Security: Enhances transaction safety.
What is cardless withdrawal?
The ability to withdraw cash from an ATM without having to use your ATM card would be nice to have. Doesn’t that sound convenient, doesn’t it? Doesn’t that sound convenient to you? In a nutshell, that is what cardless withdrawals are all about. In order to receive your cash, you can generate a secure code using Polaris Bank’s mobile app or USSD code by using the bank’s mobile app. A few taps on your phone are all it takes to get started; you don’t need a card.
Why Use Cardless Withdrawal?
Emergency situations
Have you forgotten your wallet? Nothing to worry about! Cash can still be accessed without a card.
Enhanced safety
Avoid carrying a card in places where it might be unsafe. Fraudulent withdrawals are less likely to occur when cards are not used.
Convenience
Streamline your day by eliminating the need to carry extra plastic. There is no need for anything else but your phone.
How to Withdraw Money from a Polaris Bank ATM Without a Card
Step-by-Step Guide:
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Generate a Paycode:
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Dial *322*8*Amount# on your mobile phone. For example, to withdraw ₦10,000, dial *322*8*10000#.
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Follow the on-screen prompts to receive a 12-digit paycode via SMS.
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Find an ATM:
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Locate a Polaris Bank ATM or any ATM supporting cardless withdrawals.
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Withdraw your cash.
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At the ATM, press the “Enter” button.
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Select the “Paycode” option.
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Enter the 12-digit paycode you received on your phone.
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Input any additional information requested, such as a one-time 4-digit PIN and your regular ATM PIN.
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Enter the amount you wish to withdraw.
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Collect your cash once the ATM verifies your details.
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Tip: If you need someone else to withdraw money for you, share the paycode and PIN with them.
Troubleshooting Common Issues
It is possible for things to go wrong even with the best technology. Some common issues can be handled in the following ways:
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Code Not Working: Make sure you’re entering the correct code.
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Expired Code: Paycodes expire quickly. If your code has expired, generate another one.
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Network Problems: If network issues arise, USSD and mobile app methods may not work. Wait a bit and try again.
Conclusion
Polaris Bank’s cardless withdrawals are a game changer. It’s not just about technology; it’s about practical, real-world solutions. Whether you’ve lost your card or don’t want to carry it, this feature ensures that you’re never without cash.
Don’t forget Polaris Bank’s cardless withdrawals next time you find yourself in a bind. It takes just a few taps on your phone to get started.
Do you have any questions or experiences to share? Feel free to leave a comment below. Getting started with cardless banking is easy if we work together!
Polaris Bank wishes you a happy banking experience!
