VIRTUAL ATM INFRASTRUCTURE FOR BANKS
Extend cash access beyond branches and ATMs.
SPARE turns supported retail POS systems into Virtual ATMs, giving banks an additional physical access layer through participating retailers while the institution keeps the account-holder relationship.
Banks retain the relationship. Retailers provide the access. SPARE powers the network.
THE ACCESS CHALLENGE
Physical access still matters. Expanding it should not require another branch.
Traditional cash access depends on fixed infrastructure. SPARE gives banks another way to extend physical access through participating retailers.
Reach beyond the branch footprint
Create additional access points in communities where account holders already shop.
Connect digital banking to physical access
Give digital account experiences a retail-based physical access layer.
Retain the account-holder relationship
The institution keeps the account relationship while participating retailers provide the access point.
HOW THE NETWORK WORKS
One request. Three connected steps.
SPARE connects the financial institution, the transaction request, and a supported retail POS within the Virtual ATM network.
Request through the institution
An account holder initiates an eligible transaction through their bank and selects an available participating retailer.
SPARE connects the network
SPARE connects the financial institution and the transaction request to a supported retail POS within the Virtual ATM network.
Access at the register
The account holder completes the supported transaction at the participating retailer. No standalone ATM hardware is required.
WHY BANKS USE SPARE
Expand access, not hardware.
Extend distribution
Add participating retail access points beyond the existing branch and ATM footprint.
Support customer convenience
Help account holders access cash closer to where they already live and shop.
Keep the account relationship
The bank remains the financial institution serving the account holder.
Use supported retail infrastructure
SPARE operates through supported retail POS systems rather than a standalone ATM at each location.
AN ADDITIONAL DISTRIBUTION LAYER
Built to complement existing branch, ATM, and digital channels.
SPARE extends where supported services can be accessed. It does not replace the institution that owns the account-holder relationship.
Three roles. One connected access layer.
- Financial institution: provides the account relationship and supported transaction experience.
- Participating retailer: provides the physical access point through a supported POS.
- SPARE: powers the infrastructure connecting them.
COMMON QUESTIONS
Virtual ATM access for banks, in plain terms.
A Virtual ATM is software-powered infrastructure that enables supported retail POS systems to provide approved cash and basic banking access on behalf of participating financial services.
No. SPARE is designed as an additional distribution layer that complements a bank’s existing branch, ATM, and digital channels.
No standalone ATM hardware is required. SPARE operates through supported retail POS systems within the participating network.
The bank retains the account and customer relationship. Participating retailers provide physical access points, and SPARE powers the infrastructure connecting them.
Extend cash access through participating retailers.
Explore how SPARE can add a physical access layer to your bank’s digital experience.