The Recipient receives a text message with a simple pin code that can be input by the Recipient at any enabled ATM to obtain the cash – without the use of any Recipient card or bank account.
Pin4 provides an end-to-end solution including:
Proprietary technology platform
Pin4 and Mastercard have jointly developed and launched Mastercard Cash Pick-Up™ as a new and innovative cardless cash solution.
Pin4 has been operating in Spain for more than 10 years under the brand HalCash and its solution has been used by many banks, corporations, consumer brands and others to deliver instant cash to their customers without the need for a debit/credit card or bank account.
Pin4’s proprietary technology is patented in 13 countries and has completed millions of cardless cash transactions representing hundreds of millions of dollars with prominent, global, consumer brands.
In March 2017, Pin4 acquired a controlling interest in HalCash International in Spain.
In April 2017, Pin4 entered into a partnership with Mastercard to jointly develop and launch a new cardless cash solution under the brand Mastercard Cash Pick-Up™.
