HalCash North America today announced the launch of Pin4, a mobile cardless cash ATM withdrawal solution that provides businesses with a radically better way to engage with their customers through real-time delivery of cash without the need for a debit/credit card or bank account. Pin4™ is helping to innovate the promotional world by offering companies a new
reward mechanism for rebates, promotions, rewards fulfillment, and P2P transfers.
With its launch, Pin4 is pioneering cardless cash ATM withdrawals in the U.S. by enabling the next generation of solutions for consumer promotions and P2P transfers. Pin4 offers the highest level of security through its patented dual-pin authentication and is being showcased at Money 20/20 in Las Vegas this week.
“Cardless ATM technology is in its infancy and we are thrilled to launch Pin4, a new mobile cardless cash solution for the U.S.,” said Pin4 Chief Executive Officer Richard Witkowski “Although this solution is new to the U.S., HalCash – which powers Pin4 – has a very successful track record in Europe where it has completed millions of cardless ATM transactions. The opportunities in the U.S. are enormous and we believe Pin4 will innovate the rebate, promotion and consumer rewards landscape by offering the
appeal and effectiveness of instant gratification of cash through cardless ATM withdrawals.”