An all-purpose ATM kiosk / vending
machine network that services the unbanked and underbanked markets, that will enables
wireless transactions and
processing of currency, pre-paid cash debit cards, and online banking. The concept can be applied to any vending
machine product such as sodas, beverages,
gasoline, candy,
postage stamps, and more with the following features and benefits:
Full service ATM / Vending, Issue cash debit cards, Transfer funds from one
machine to another Issues and prints money orders, Bill paying GPS travel directions, Advertising on LCD screen, Purchase sporting / event tickets Reload
cell phone pre-paid cards, Purchase beverage or gas,
Wireless Internet access, and
Bank-to-
bank wire transfers. The present invention will provide financial services solutions to sub-prime prospects and the unbanked. The present invention will also provide online /
wireless banking, prepaid cards, and secured lending products to customers who may not qualify for conventional
bank unsecured lending products, or whose needs cannot be met by traditional lenders.