Interswitch Transnational, a leading Pan-African integrated payments company, has announced that Quickteller now powers card-less ATM withdrawals. Quickteller, a renowned Value Added Service offering from the technology giant now offers mobile money users the opportunity to withdraw cash from their mobile money accounts or “cash out” funds transferred to them, through supported ATMs across the country.
The service has been designed to specifically address the challenges of mobile money adoption which includes insufficient cash out locations thereby enabling those without bank accounts and bank cards have easier, more convenient and safer access to cash withdrawal.
This service supports transactions between the range of N1,000.00 – N20,000.00 in multiples of N1,000.
The user receives a 12-digit code and a 4-digit PIN that can be used for safe withdrawals across Quickteller-supported ATMs nationwide.
Quickteller card-less ATM withdrawal service has been adopted by Pagatech, GTBank Mobile Money, Parkway, Cellulant and QikQik.
This service is currently available at over 6,000 ATMs on the networks of the following banks; First Bank, GTBank, Stanbic Bank, United Bank for Africa and Zenith Bank.
Quickteller provides a wide range of customers with a safe and secure way to buy airtime, pay bills and transfer funds at their convenience across ATMs, Mobile, PoS and Web
Mrs. Titilola Shogaolu, chief payment and value added Services officer, Interswitch Nigeria, said: “As part of our drive to deliver evident financial inclusion across the Nigerian populace, Interswitch’s Quickteller platform is proud to power the cardless ATM withdrawal service.
“Quickteller is a robust platform designed with a clear focus on the customer providing simplicity, convenience and security. Quickteller is also a platform that enables industry stakeholders provide differentiated services. The cardless ATM withdrawal service is one of those services where the infrastructure can be customized to MMOs to fulfill bespoke business needs” she added
She also said that “We firmly believe that Nigerians everywhere, with or without a bank account, deserve to have access to contemporary payment technologies designed to simplify financial access. We are optimistic that more MMOs will adopt the service by Q2, 2014. We are excited about the huge potential of this service and are glad that our infrastructure can be leveraged to deliver innovative services that will enable both individuals and corporate organizations achieve their goals.”