Yes, this feature will be live in Q4 2021.
Along with ATM withdrawals, users of the debit cards can get cash back at many point of sale (POS) machines at thousands of merchants in the United States. This can be done on the following card types:
- Physical cards that are inserted into the POS machine
- Tokenized physical cards in the Apple, Google, or Samsung wallet that are held over the POS machine
Virtual cards, and virtual cards that have been tokenized into the Apple, Google, or Samsung wallets, will not work, because there is no PIN set up on the card. They must always be run over the Signature credit network.
Please note, users must select "Debit" after inserting their chip in the POS machine. If they select "Credit," the transaction will be run through the Signature network, and they will not be able to get cash back. The PIN requested by the POS terminal will be the same PIN the user setup, when they created the physical cards.