PayNearMe boosts cash withdraw offering with API tech from Atleos 

Self-service banking provider Atleos announced it will supply igaming payments firm PayNearMe with API-based technology for Cardless Cash ATM feature. 

According to PayNearMe, nine out of the 10 largest online gaming operators in the US are currently using its services. 

John Minor, Chief Product Officer at PayNearMe, commented: “Atleos’ cardless cash access API eliminates the friction points associated with traditional methods of accessing cash from a gaming app, making it easier than ever before for our customers and their players to receive their winnings in cash.

“With Atleos’ innovative technology and expansive nationwide footprint of ATMs, our clients can provide the option for players to easily access their winnings from the convenience and safety of stores they’re already frequenting.”

As a result of the collaboration, the Atleos API solution will boost the PayNearMe offering even further by offering players the ability to withdraw cash from participating retail locations through their igaming and online sports betting mobile app. 

Stuart Mackinnon, Chief Operating Officer, Atleos, added: “Cash remains an integral part of the player experience. With a scaled physical infrastructure powered by our unique API offering, PayNearMe is enabling their clients to enhance the user experience and attract more players by giving them the option to withdraw their winnings from thousands of conveniently located ATMs across the country.

“This relationship will help drive foot traffic to partner merchants with supported ATMs in a scalable, self-service manner.”