ATMs dispense vouchers instead of cash

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The Ogaki Kyoritsu Bank in Japan has already removed plastic cards from the cash machine process with its biometric ATMs. Now, UK-based KAL has created RTMs – Retail-Teller Machines – that don't house or dispense any cash, offering vouchers instead. Rather than being placed on the high street, RTMs are located in individual stores and provide users with a voucher to be used on site. The money is transferred digitally when the retailer registers receipt of the voucher. The company believe that this would be especially useful for remote areas where banks are scarce and cash has to be delivered…

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