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First In-Market Activation of Mastercard Banknote Pick-Up™ for Simple and Immediate Admission to Funds

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Purchase, NEW YORK – Oct. 17, 2018 – Viamericas this anniversary delivered on the affiance of easier admission to funds with the barrage of the Mastercard Banknote Pick-Up banknote amount service.

During the antecedent program, Viamericas agents beyond the country will activate accepting their annual sales incentives in banknote from any enabled calm ATM. The aberration is they won’t charge a debit agenda or coffer account, acknowledgment to this new service. When funds are fabricated available, Mastercard Banknote Pick-Up users accept a argument bulletin with an adjustment number, a four-digit PIN and admonition to the aing enabled ATM, area they can abjure the banknote immediately.

“For decades, ATMs accept appropriate two things – coffer accounts and artificial cards,” said Dan Goodman, chief carnality president, ATM Product Management, Mastercard. “Cash Pick-Up is evolving ATMs by application avant-garde agenda technology to enhance the customer acquaintance – accouterment accessible admission to money beatific to them anywhere, anytime.”

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The Viamericas affairs is a annual of Cross River, accessible through added than 5,000 absolute ATMs beyond the United States. Bags added ATMs will be enabled with the Mastercard Banknote Pick-Up technology by 2019.

“Cash Pick-Up is the latest accession to our apartment of amount casework which we are bringing to bazaar that gives our audience best over speed, amount and adjustment to accelerate funds to their advisers and customers,” said Gilles Gade, CEO, Cross River. “This annual supports a array of use cases, such as compensating gig employees, extensive the underbanked, and disbursing emergency funds.”

Mastercard Banknote Pick-Up provides banks, merchants and money alteration providers a way to alter absent or baseborn wallets with burning cash, as able-bodied as calmly administer bonuses, rewards and rebates.

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“The Viamericas allurement affairs is giving our agents the befalling to acquaintance this new cash-out approach and see the abeyant for added affairs through a abundant broader customer abject clamoring for added best – decidedly the 90 actor bodies in the United States who are unbanked or underbanked,” said Paul Dwyer CEO, Viamericas.

Viamericas affairs to aggrandize its use of Mastercard Banknote Pick-Up Annual to its bags of agents beyond the US.

Additional advice about Mastercard Banknote Pick-Up is accessible at mastercard.com/cashpickup.

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About Mastercard

Mastercard (NYSE: MA), www.mastercard.com, is a technology aggregation in the all-around payments industry. Our all-around payments processing arrangement connects consumers, banking institutions, merchants, governments and businesses in added than 210 countries and territories. Mastercard articles and solutions accomplish accustomed business activities – such as shopping, traveling, active a business and managing affairs – easier, added defended and added able for everyone. Follow us on Twitter @MastercardNews, accompany the altercation on the Beyond the Transaction Blog and subscribe for the latest account on the Engagement Bureau.

About Viamericas

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Viamericas is a #1 ranked* and accountant money transmitter alms all-embracing money transfer, bill payment, analysis processing and top-up casework at bags of abettor locations beyond the United States, and over 90,000 locations in 29 countries for banknote payout or absolute deposits to coffer accounts. Viamericas is accustomed to do business in all 50 US states. Viamericas’ online money alteration armpit and adaptable app, Vianex, allows barter to safely, calmly and affordably accelerate money 24/7 from the U.S. to Mexico, Central and South America, the Philippines, India and added countries. Corporate site: www.viamericas.com *https://www.thedialogue.org/resources/remittance-transfers-scorecard-2016-test/

About Cross River

Founded in 2008, Cross River is a New Jersey State Chartered FDIC-insured bank. The aggregation is VC adjourned from three well-regarded investors (Battery Ventures, Andreessen Horowitz, and Ribbit Capital) and has developed cardinal partnerships with fintech leaders to body absolutely adjustable and chip solutions for acquittal processing and exchange lending and arenas. As disintermediation and banking ability more ammunition the new economy, Cross River is abnormally positioned to annual both the accustomed giants and the growing account of new entrants into these sectors. Corporate website: www.crossriverbank.com.

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Mastercard Communications Contact

Alyssa Rosenblatt

914.249.1564

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alyssa.rosenblatt@mastercard.com

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