Fort Worth-based GivePay is close to releasing its innovative solution that will make gift cards and digital payments available in thousands of ATMs.
GivePay, a division of GivePay Commerce, introduced the Gift Card Mall concept this week at the ATM Industry Association conference in Las Vegas. So far, the Fort Worth company has signed an agreement with Irving-based Nautilus Hyosung America, the largest maker of retail ATMs around the world, as well as ATM makers GenMega and Triton to incorporate the GivePay application in the companies’ ATMs.
“We believe adding GivePay will dramatically improve revenue and utility of participating ATMs while improving the overall value of owning an ATM portfolio.”
GivePay leaders are at the conference seeking strategic partnerships and to determine ATM locations where the new platform will be released, wrote company spokesperson Nathan Dalton in an email to Dallas Innovates.
Dalton said North Texas locations are in the works, along with other pilot sites, and should be announced soon.
“We love working with ATM operators as agents of our payments division, FlatRatePay.com,” GivePay Commerce CEO Jerry Jackson said in a release. “We believe adding GivePay will dramatically improve revenue and utility of participating ATMs while improving the overall value of owning an ATM portfolio.”
WITH NEW SOLUTION, CONSUMERS CAN SEND DIGITAL GIFT CARDS AT ATMS
Here’s how GivePay said it works:
While waiting for cash at participating ATMs, consumers can send a gift card via text or pay their wireless account. The solution brings kiosk-style functionality to the ATM.
The company then sends gift cards from updated ATMs utilizing the GivePay platform in real time.
The recipients receive digital gift cards, most of which can be saved to their smartphone with Apple Wallet or Android Pay for storage and redemption.
NAUTILUS HYOSUNG INTRODUCES NEW ATM
Nautilus Hyosung America had news of its own this week at ATMIA, announcing the official launch of it state-of-the-art FORCE retail ATM. It comes with a 12.1-inch color display, capacitive touch function keys, an enhanced interface, and three-phased brightness control.
The ATM has a 50 percent increase in CDU capacity over its Halo II unit, which allows for 6,000 notes, according to the company.
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