Customers want to be able to access their cash but sometimes, there isn’t an ATM/Branch in sight. With our cash withdrawal via transfer API, we help turn any retail store into a substitute ATM machine. Turn your storefront into a cash distribution point that enables customers to easily access their bank accounts. For businesses that also means you can distribute your access cash to customers, reducing your need to make physical deposits at the bank. Through the fund transfer API, we provide account verification features to ensure there’s no security risk to your business acting as an ATM bridge between customers and their own bank accounts.
A better way to managing cash
SoCash improves cash distribution and liquidity management by creating the largest cash network in the world powered by mobile devices. The goal is to convert every shop and customer into a virtual cash distribution network and is starting in Asia. DBS has partnered with SoCash to extend the latter’s cash network and help customers access their cash anytime anywhere. This has also helped DBS merchants make virtual deposit of their own cash by through bank transfers with customers who requests withdrawals at their stores.
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Help your customers take the pain out this major life changing decision – by helping them to calculate their loan affordability and connect directly to DBS’ loan application process.