Payments

NCR partners with Payfare to deliver self-service financial tools

Image: Adobe Stock.

April 12, 2023

NCR Corp. is expanding its partnership with fintech Payfare Inc. to offer self-service financial solutions for Payfare cardholders in the U.S. The solutions include access to NCR's surcharge-free Allpoint+ ATM network, which enable cash deposits, according to a press release.

Payfare will also utilize NCR Pay460, which allows users to withdraw cash with a code via the Payfare app, without a physical debit card.

"Our cardholders have leveraged NCR's retail-based Allpoint ATM network to access cash where they live and shop, and we are confident that this expanded partnership will offer even more value," Marco Margiotta, CEO and founding partner at Payfare, said in the release. "With NCR, we are supporting new transactions and will enhance self-service financial solutions in a safe, secure and efficient manner at scale for gig workers across the United States."

"Payfare is investing in software and services that will help on-demand economy platforms deliver compliant, reliable payments to their gig workers," Don Layden, EVP, president, NCR Banking, said in the release. "Through NCR's innovations, Payfare's users benefit from more efficiency and speed and unmatched density and scale. We're proud to support Payfare in serving the financial needs of gig workers and bring new capabilities to on-demand marketplaces."