Mastercard rolls out Cash Pick-Up service that lets anyone send cash to ATMs

Mastercard wants to give you fast access to cash — using only your cell phone — CNBC — “Consumers can withdraw money sent by friends and family, get cash in emergency situations (in the event of a lost bank card, for example), and redeem rebates or other cash rewards that corporations have historically sent via mail… Users receive a text message with an order amount, secret code and link showing the nearest ATM from which they can withdraw money — up to US$500 per order and $3,000 a day.”

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