Payments News

Cash Demand Isn’t Going Away, So Fiserv Expands Its CardFree Cash Service to More ATMs

Apr 04, 2018

Bank processors over the past several years have worked to combine cardless technology with a continuing consumer demand for cash, a trend that took on momentum on Wednesday with an announcement from Fiserv Inc. that three ATM manufacturers are now supporting the company’s 3-year-old CardFree Cash service.

ATM makers Genmega, Triton, and Hyosung America are enabling the service on their machines in retail locations, the Brookfield, Wis.-based processor said. The service is already supported on 19,000 machines linked to processor Worldpay Inc., and on Wednesday Fiserv added that some independent sales organizations, including NationalLink Inc., are enabling it on their networks. NationalLink operates some 15,000 ATMs, according to Fiserv’s announcement.

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