By Sarah Clark[1] • • nfcw.com[2]
Mastercard wants to give you fast access to cash — using only your cell phone[3] — CNBC — “Consumers can withdraw money sent by friends and family, get cash in emergency situations (in the event of a lost bank card, for example), and redeem rebates or other cash rewards that corporations have historically sent via mail… Users receive a text message with an order amount, secret code and link showing the nearest ATM from which they can withdraw money — up to US$500 per order and $3,000 a day.”
