Cardless cash withdrawal available in North America's ATMs

FIS Cardless Cas to extend their mobile banking technology to 70,000 ATMs across the United States after signing a partnership with Payment Alliance International (PAI).

Soon customers across the U.S. will be able to withdraw cash from an ATM with their smartphones. FIS Cardless Cas provides a mobile solution that avoids using a plastic card at the ATM to withdraw funds.

“Our partnership with PAI extends FIS’ leadership to the largest Cardless Cash ecosystem, and will benefit both banks and their customers,” said Anthony Jabbour, chief operating officer, Banking & Payments, FIS.

The partnership connects FIS Cardless Cash with PAI, and brings mobile access to ATMs located at many of the nation’s largest retailers, gas stations, convenience stores and more. The deal will ultimately expand to 70,000 ATMs in the PAI ATM network.

The mobile banking app acts as a remote control for the ATM, providing “unparalleled privacy and security for consumers,” according to FIS. Customers can complete their withdrawals in 10 seconds and get an electronic receipt on their smartphone.

“This partnership brings the latest in transaction security to the PAI ATM network, while enhancing customer convenience and improving their overall ATM experience,” said John J. Leehy, III, president and chief executive officer of Payment Alliance International.

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