Cash payout to persons without a bank account
Enterprises and public agencies pay out high sums of money each day in the form of wages, income support and unemployment benefits. Not only is there an increased risk of attack, the check procedure used to date also involves considerable work and costs for everyone involved. The solution is to move the process onto self-service systems, so that payees can withdraw their cash automatically.
The advantages: no more check handling and processing costs; if a card gets lost or complaints are made, an immediate overview of the current payout status is available; increased security for employees when cash payout terminals close down.