You've been redirected from MobilePaymentsToday.com to PaymentsDive.com. In March 2021, Mobile Payments Today became a part of Payments Dive. For the latest payments news, sign up for the daily newsletter.

Branch offers surcharge-free ATM access through Cardtronics

Branch, a fintech that provides workers with advanced access to their paychecks, has teamed up with Cardtronics to provide surcharge-free ATM access through the Allpoint Network. 

"With the majority of today's workforce living paycheck to paycheck, employees need equitable financial services that can improve their financial health and help them save for a secure future," Atif Siddiqi, founder and CEO of Branch, said in a company release. "An important part of that is giving them ready access to their hard-earned cash without burdening them with ATM fees."

Branch provides its services through thousands of corporate employers, giving workers access to no-fee bank accounts and two-day advanced access to their pay. Branch provides FDIC-insured accounts through an agreement with Evolve Bank & Trust. 

"Income volatility is one of the many challenges workers confront when managing their money, and we're pleased to partner with a company like Branch that has demonstrated a commitment to helping the workforce establish a firm financial foothold," Carter Hunt, managing director of North America at Cardtronics said in the release. "Having easier, surcharge free access to funds is a significant benefit to these customers."

Cover image: Branch