CashDash & Cardtronics launch cardless FX ATMs
Written by Chris Lemmon
CashDash, digital wallet technology provider, and ATM operator Cardtronics have announced the integration of cardless cash withdrawal technology and foreign exchange functionality at 1,000 Cashzone ATMs in London.
Visitors to the capital will be able to buy foreign currency at reportedly attractive rates, at any time, from anywhere in the world. Once deposited in the Cash2Go e-wallet, funds can then be accessed by selecting a convenient Cashzone ATM in London where they will be able to withdraw their money in GBP free of charge, and without the use of a bank card.
Arik Shtilman, CEO of CashDash, commented: “Thanks to the network of Cashzone ATMs in key locations around London we are able to provide visitors with a convenient cash exchange service with the lowest possible rates.
“This is a brand new service that seeks to disrupt the existing foreign exchange market. It will enable travellers to use their mobile devices as a virtual currency booth and significantly reduce the cost of buying and selling foreign exchange.”
Paul Taylor, new product and innovation director of Cardtronics UK, added: “Our summer roll-out of the CashDash Cash2Go functionality at 1,000 Cashzone ATMs is a first in the UK market. This is a great example of Cardtronics supporting innovative companies like CashDash through our established network and infrastructure, which enables customers to easily convert their digital funds to cash.”
Additional UK ATMs are scheduled to offer this feature in the coming months.