Payment Alliance International Goes Mobile with “Cardless” ATM Transactions

Payment Alliance International (PAI) and MagTek have jointly announced the deployment of MagTek’s Qwick Codes across PAI’s nationwide network of over 50,000 ATM machines.

“Qwick Codes illustrates our goal of expanding and improving the consumers’ ability to use their smartphones to conduct everyday financial transactions,” said Andy Deignan, MagTek vice president of global marketing and strategy. Deignan adds, “In line with offering the high level of security MagTek is known for, static card data converted into a one-time use Qwick Code can be used to retrieve cash at any supported ATM, effectively eliminating the risk associated with compromised ATMs rigged with card skimmers.”