ATMs are about to become a lot more convenient for iPhone users with Touch ID on their device.

FIS and Payment Alliance International, two companies in the ATM market, have announced a partnership that will allow Apple's Touch ID to be used to make cardless withdrawals at over 70,000 ATM locations across the US, including gas stations, stores, restaurants, and shopping malls.

The system will work with a QR Code app from FIS, which uses an iPhone's Touch ID sensor for authentication.

From there, the app generates a unique code that the ATM machine can read, and then processes the user's transaction.

Afterwards, a digital receipt is instantly sent to the phone.

FIS says its solution will make withdrawals more secure not only by eliminating the need for a plastic card, but also by reducing the risk of card skimmers and "shoulder surfing" from people standing behind a user.

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