PayNearMe plugs Atleos’ technology into MoneyLine platform

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PayNearMe has formed a partnership with self-service banking group NCR Atleos to integrate the firm’s API technology into its MoneyLine platform.

The technology will enable PayNearMe’s clients to offer players the chance to withdraw cash at thousands of ATMs directly from their online sports betting or online casino app. 

“Cash remains an integral part of the player experience,” explained Stuart Mackinnon, Chief Operating Officer at Atleos. “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.”

The Cardless Cash API technology will be able to ascertain the funds on the players’ sports betting and online gaming accounts and then allow the player to take those funds out in cash at an ATM using a secure code given through the betting app. 

Atleos cited PayNearMe’s exposure in the US casino industry, with the firm serving nine of the 10 largest online operators and 16 of the top 17 online casinos in the US.

“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,” added John Minor, Chief Product Officer at PayNearMe.

“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.”