Chase, PNC To Pilot Multi-Denomination Dispensing ATMs

What's Next In Payments®
3:59 PM EDT January 21st, 2013

Chase and PNC Bank have begun piloting ATM machines capable of dispensing $1 and $5 bills, reports ATM Marketplace.

Chase, which has already added 350-400 of the machines to its fleet, may soon roll out ATMs capable of dispensing coins as well. Both banks plan to double their number of denomination-specific ATMs by year’s end.

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