Samsung Pay Rolls Out ATM Cash Withdrawal Capability

 
This week at the Samsung Developer Conference in San Francisco, the Korean tech giant introduced new features for Samsung Pay — including the ability to make deposits and cash withdrawals at ATMs.
 
Samsung Pay Director Natalie Oestman introduced the new features and said that the object of the technology was to allow users to "get rid of your wallet." Which raises the question of what you'll put your cash in.
 
Oestman also assured the audience that Samsung's Knox technology would protect user and card data stored in the phone:
 
"Your card info and your transaction data are always stored in an encrypted, safe place. Then we add tokenization and biometric authorization to make the transaction process even more secure."
 
Oestman did not offer details as to if and when the functionality might be introduced in other markets.