PayPal has announced a deal with ATM manufacturer NCR that moves it more deeply into the payments arena. The predominantly online and mobile phone based payments company announced a suite of services aimed at the retail sector last month.
In the new announcement, PayPal said the deal will enable consumers to use ATMs to send money directly to an individual from their deposit account with only the recipient's mobile phone number or email address.
The recipient will have to have a PayPal account to access the funds, the company said.
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