Fiserv Integrates NCR Atleos’ ATMs

Fiserv has teamed up with NCR Atleos Corporation to
enable consumers to pay utility, phone, cable, and other bills in cash at
thousands of ATMs located in US retailers, grocery stores, convenience stores,
and pharmacies.

According to the press release, the global payments
and financial technology solutions provider will extend its CheckFreePay
network to include the ATM network of Atleos. The duo aims to cater to consumers
who prefer cash transactions for convenience and accessibility.

Initially available at thousands of Atleos ATMs
already accepting cash, the bill payment service is expected to grow as more
cash-in ATMs are deployed across the United States. This expansion broadens the
access to bill payment facilities by consumers and enhances operational
efficiency for merchants.

Brian Seemann, the Senior Vice President of Biller
Solutions at Fiserv, mentioned: “Many consumers prefer to pay bills in
person in cash, and CheckFreePay helps them streamline financial tasks with
multiple ways to pay in places they visit every day.”

“Adding
a self-service bill payment option at thousands of Atleos ATM locations will
expand consumer access to these capabilities while enhancing efficiency and
increasing foot traffic for merchants.”

Fiserv Inc. is expanding its network for in-person bill payment to include the ATM network of NCR Atleos. Cash-preferred consumers will be able to pay a wide array of household bills simply and securely. Read more in the Newsroom: https://t.co/dqjARY8i3T pic.twitter.com/cbOHNaS4sy

— NCRAtleos (@ncratleos) February 14, 2024

By shifting cash payments
Payments

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl
Read this Term from traditional in-store
counter transactions to self-service ATMs, merchants can automate transactions,
optimize store operations, and capitalize on the increased number of users.