FIS Cardless Cash, which reduces the risk of card skimming, will be deployed on Cardtronics ATMs nationwide is a 24-month roll-out. The deployment for mobile users by Cardtronics, the world’s largest ATM owner/operator, will not require hardware upgrades.
FIS Cardless Cash, which leverages the FIS Mobile Banking app, enables banking customers to withdraw funds from ATMs without having to use a plastic card. A planned 24-month rollout of FIS Cardless Cash functionality at Cardtronics ATMs will debut cardless cash access at some of the largest retailers in the United States, as well as enable financial institutions to offer in-network use of cardless cash functionality at both branch and retail ATMs.
FIS Cardless Cash protects consumers by reducing risk of card skimming and shoulder surfing. By leveraging FIS Mobile Banking with TouchID, customers can securely access their funds and authorize the amount they want without inserting a plastic card into an ATM.
The FIS mobile banking app acts as a remote control for the ATM, providing unrivaled privacy and security for consumers. Customers using FIS Cardless Cash can complete their withdrawals in 10 seconds and get an electronic receipt on their smartphone.
An interoperable platform for banks, ATM operators and networks, FIS Cardless Cash provides consumers with access to their money anywhere they want it. Launched in January 2015, the platform is used by more than 30 banks in the United States, and the FIS NYCE network has processed millions of dollars in cardless ATM transactions.
FIS serves more than 20,000 clients in over 130 countries. Cardtronics provides services to approximately 233,000 ATMs in North America, Europe, Asia-Pacific, and Africa.