DCBank backs ‘reverse ATMs’ that turn cash into prepaid Mastercards

Canada’s DCBank has partnered with technology supplier XTM to provide shopping malls and entertainment venues with ‘reverse ATMs’ that let customers instantly convert their physical money into a prepaid Mastercard they can then use to make payments at cashless points of sale. The kiosks “will allow users to securely insert up to $1,000 in cash […]

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