How Mastercard is using mobile to keep cash alive

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While technology is diminishing cash usage in many sectors, Mastercard is working on using mobile to get cash into more consumers’ hands.

Mastercard’s Cardless ATM service, developed with Diebold Nixdorf, resembles the technology many banks have adopted in the last few years — but Mastercard’s offering sheds the limitation of being tied to a specific bank’s ATMs.

“The flaw with the existing cardless ATM technology banks have is there’s no interoperability with other banks like there is for physical ATM


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