Toronto-based FinTech XTM signs a deal with DCBank

Mobile banking technology provider XTM has signed a deal to help DCBank users get instantly activated and loaded prepaid Mastercards through a cash accepting kiosk.

The kiosks will be placed at retail venues or throughout business-premises such as Stadiums or Shopping Malls to help completely eliminate cash from their ecosystems.

The cash accepting kiosk solution accepts cash and dispenses activated and loaded Mastercards in the amount of funds inserted at the kiosk.

“Our cash accepting kiosks are an important step in completing XTM’s delivery of a completely cashless ecosystem for our customers,” said Marilyn Schaffer, CEO of XTM. “As there will continue to be cash in circulation for the immediate future, it is perfect timing for us to step in and provide a safe and efficient solution to ensure that all our customers’ needs are met.”

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