FIS Cardless Cash will expand across the U.S. thanks to a new partnership between FIS and Payment Alliance International. a privately-held provider of ATM processing and maintenance services, ATM equipment sales and support.
The partnership connects FIS Cardless Cash with PAI and brings mobile access to ATMs located at many of the nation’s largest retailers, gas stations, convenience stores and more. The deal will ultimately expand to 70,000 ATMs in the PAI ATM network.
“Our partnership with PAI extends FIS’ leadership to the largest cardless cash ecosystem, and will benefit both banks and their customers,” said Anthony Jabbour, COO of banking and Payments at FIS. “Our cardless cash product combines innovation and efficiency with consumer convenience and security. For banks, it’s a new revenue source and this widespread network should facilitate customer adoption.”
The agreement also makes NYCE the first national payment network to support mobile phone-to-ATM transactions.
“Our clients are always looking for ways to improve their offerings, drive more revenue and surpass customers’ expectations,” said John J. Leehy, III, president and chief executive officer of PAI. “This partnership brings the latest in transaction security to the PAI ATM network, while enhancing customer convenience and improving their overall ATM experience.”