New Cashless ATMs To Dispense Cards In Exchange For Cash

  • A variety of businesses have begun implementing “cashless” ATMs that give out stored-value cards in exchange for cash.
  • As reported by Axios, the new cashless ATMs have also been referred to as “cash-to-card kiosks.”
  • In the aftermath of the Chinese Coronavirus pandemic, some businesses have attempted to transition fully to a cashless approach for health and hygiene reasons, with employers citing additional issues such as theft risks and frequent trips to the bank to deposit cash.
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