PayPal, S1, and NCR teamup For ATM payment To Individuals

NCR is one the largest amount of ATM service within U.S and made an announcement that it is teaming up with PayPal & S1 to enable PayPal payments for any individual via ATM service.The new feature will enable Users to send money to the designated PayPal Account directly via the bank there by eliminating the necessity of holding a PayPal account.All they need to do is enter the recipient's email Address & the amount will be credited directly into the receiver's PayPal account & will be deducted from the Payee.The most attractive feature of this methods is that its most cost effective mode of transfer considering the other methods which slap you with a charge for every transaction.Also the receiver need not have a PayPal account to receive the fund too.Talk about innovation.