News

Ukash, Bank Machine team up for cardless cash withdrawal

July 25, 2013

E-commerce cash payments company Ukash and independent U.K. ATM operator Bank Machine have teamed up to dispense online cash through ATMs. The companies' new service will allow consumers to convert Ukash codes into cash at Bank Machine ATMs without a debit or credit card.

Ukash allows consumers to spend cash securely online without divulging personal financial information. Ukash codes are purchased with cash in retail outlets such as shops and filling stations. These codes can then be used to pay for goods on websites that accept Ukash transactions. 

Ukash CEO David Hunter said the new service with Bank Machine was designed to give consumers maximum flexibility with their Ukash — and to encourage e-commerce retailers to add Ukash to their payment options.

"The partnership between Ukash and Bank Machine, the longest-established independent ATM operator in the U.K., will make Bank Machine the first non-bank operator to offer cardless cash withdrawals at ATMs," said Hunter. 

Bank Machine business development manager Stephen Hart said the company's focus was on increasing consumer access to cash through its ATMs.

"The partnership between Ukash and Bank Machine certainly achieves that, and this innovation clearly demonstrates that ATMs can provide services that complement those offered on the Internet," he said.

Read more about ATM innovation.