Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Fexco and Cashflows Announce Partnership to deliver a full end-to-end Dynamic Currency Solution for ATM Providers Across Europe

by uma
Editorial & Advertiser disclosure


Cashflows’ Banking Identification Number (BIN) sponsorship solution delivers a full service to ATM deployers looking to enter the market or extend their proposition by accepting transactions from all card issuers.

This in turn allows companies to process payments through an intermediary that is a direct scheme member, saving on operational costs.This partnership sees Cashflows offer new and existing ATM clients the Fexco Treasury DCC solution from launch, potentially connecting to more than 20,000 ATMs across Europe. Fexco’s DCC@ATM solution allows international cardholders to withdraw cash and pay the cost of the transaction in their own currency with full disclosure of the exchange rate and margin.

This in turn can deliver a cost-efficient customisable customer transaction suite to the membership of VISA, Mastercard, Diners, Discover, Union Pay and JCB schemes.

Cashflows can quickly tailor these services for any ATM deployers who are either looking to enter the market or extend their proposition by accepting transactions from all card issuers.Founded in 2010, Cashflows is a payments company that focuses on creating solutions to everyday business problems). The company’s ATM organisation processes more than 50 million transactions annually, worth more than £1 billion (€1.13 billion).

Cashflows is a principal member of Mastercard and Visa, and hold license agreements with American Express, Discover, Union Pay International and JCB. “This partnership is a milestone for Fexco as it enables us to rapidly reach a wider market of ATM operators quickly and provides us with the opportunity to deliver our Treasury DCC proposition to as many operators as possible,” said Shane McElroy, Head of Global ATM Strategy at Fexco.

“In a rapidly changing ATM sector, we can deploy our DCC solution to over 20,000 customers, but also be a part of the offering from every new ATM deployer coming into the European market, or those seeking extend their proposition by accepting transactions from all card issuers.” “The partnership between Fexco will allow us to offer both new and existing ATM clients the Fexco Treasury DCC solution from launch.” Said Adeel Hussain Director of ATM at Cashflows.

This in turn will allow us to deliver maximum revenue opportunities at a lower set-up and reduce ongoing costs. It’s so important that the ATMs industry continues to evolve, innovate, and find new ways to ensure profitability, as ATMS are vital to ensuring cash access and financial inclusion.

Through expanding our offering to our clients, we hope to support them in growing their businesses further and providing their own customers with more options.”The partnership, announced at this year’s ATMIA (ATM Industry Association) event in Berlin will see Fexco’s DCC@ATM solution immediately rolled out to ATM deployers. With operations in 60+ countries and €34+ billion annual processed transactions, DCC@ATM is the safest and most popular choice for foreign transactions at local ATMs.

About Cashflows  
Cashflows is a new breed of fintech payments company that makes it easy for small corporates and SMEs to accept card and digital payments – online, in store and on the move.   Through our own acquiring platform and gateway, Cashflows provides a safe, secure ecosystem for processing payments right across Europe. Cashflows products and services are built with the latest technology and the future in mind, always to meet the specific needs of partners and customers.  With Cashflows, business is always personal. Our people work hard to understand our partners, customers and industries, inside out. Our people steer our business, transforming challenges, ideas, and technology into uncomplicated payment solutions that are easy to use and make perfect sense for businesses.  


You may also like