Service allowing a customer to withdraw Money in physical form such as banknotes and coins. from a A transfer of funds which discharges an obligation on the part of a payer vis-à-vis a payee. account using a
mobile application on a smartphone at a participating shop supporting the ap-
plication. Also referred to as a “virtual ATM”. Unlike A service whereby the customer pays electronically a higher amount to a retailer than the value of the purchase for goods and/or services and receives the differ- ence in cash. It is also a reward sys... More, a cash-in-shop
transaction does not require the consumer to make a purchase.