Cardless ATM machines will become more accessible to consumers in the United States after CO-OP Financial Services and FIS Cardless Cash announced a new partnership. FIS, a mobile solutions supplier for cardless ATM withdrawals, will provide access to a mobile app for cashMoney in physical form such as banknotes and coins. More withdrawals and CO-OP will integrate the FIS Cardless Cash option to their ATM menu. The pilot will be launched beginning of 2017.
The benefits of this solution are many, says Anthony Jabbour, COO at FIS. It’s safer as it reduces card skimming and shoulder surfing, but it’s also extremely efficient as it allows users to withdraw their moneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More in 10 seconds.
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