Diebold ATMs Enable Cardless Cash Withdrawal Via Paydiant Mobile Wallet Application

   Diebold ATMs Enable Cardless Cash Withdrawal Via Paydiant Mobile Wallet

Partnership with leading mobile wallet provider connects smartphones with ATMs
for convenient, secure transactions

PR Newswire

NORTH CANTON, Ohio and WELLESLEY, Mass., July 18, 2013

NORTH CANTON, Ohio and WELLESLEY, Mass., July 18, 2013 /PRNewswire/
--Consumers can now use their smartphones, instead of their debit or credit
cards, to withdraw cash from automated teller machines (ATMs). Enabled by a
partnership between Diebold (NYSE: DBD) and mobile wallet provider Paydiant,
the cardless Mobile Cash Access (MCA) solution gives consumers a more
convenient and secure option to interact with their financial institutions,
while giving banks and credit unions the opportunity to offer their own
branded mobile wallet solution.

(Logo: http://photos.prnewswire.com/prnh/20080725/DIEBOLDLOGO)

The Diebold and Paydiant solution addresses two significant obstacles to
adoption: hardware needs and security concerns. The MCA offering allows
financial institutions to provide a secure, bank-branded mobile wallet
solution without installing additional hardware on ATMs or point-of-sale (POS)
terminals. Additionally, Diebold's cardless solution eliminates the threat of
card skimming at the ATM. Wintrust Financial Corporation is piloting this
solution in partnership with FIS (NYSE: FIS), Paydiant and Diebold.

"As mobile technology proliferates, financial institutions are looking to
Diebold for advice on what mobile wallets mean for their businesses," said
Diebold's Chief Innovation Officer Frank Natoli. "Diebold brings a
longstanding security philosophy and its own digital expertise to the
partnership with Paydiant to offer banks and credit unions the technology
consumers are looking for - a bridge from digital currency to physical cash. A
bank-branded mobile wallet enables our clients to serve their consumers
directly, as opposed to allowing third-party brands to capture the mobile
share of a consumer's wallet."

The cardless MCA solution allows consumers to pre-stage cash withdrawals on
smartphone devices creating a cooperative interaction with the ATM, a feature
Diebold highlighted in a concept earlier this year. At the ATM, consumers
authenticate themselves by scanning a unique QR code that signals the ATM to
dispense cash via an encrypted connection to the cloud. 

"Mobile wallets, like plastic credit cards 50 years ago, will become an
everyday functionality for consumers," said Natoli. "Diebold's partnership
with Paydiant is a step toward creating a mobile wallet ecosystem that offers
convenience and security to consumers directly from their financial

Pairing the functionality of a mobile wallet solution with the convenience of
self-service options at the ATM enhances the consumer banking experience while
supporting financial institution loyalty. The ability to conduct transactions
with a mobile device at an ATM provides the foundation for financial
institutions to offer a private-labeled mobile wallet solution that can also
be used at retail establishments for everyday purchases.

"Our white-label approach continues to gain traction in the marketplace and
traditional competitors are coalescing in an ecosystem around Paydiant
offerings," said Chris Gardner, co-founder of Paydiant. "Banks and retailers
want to keep their consumers within their own mobile applications for doing
things like paying for goods and services or accessing cash, rather than
allowing other third parties to come between them and their customer
relationships. Paydiant and Diebold are fundamentally aligned on this

About Paydiant
Paydiant is the provider of a cloud-based, white label mobile payment and
offer redemption platform that enables merchants, banks, and payment
processors to deploy and manage their own mobile payment, offer management and
offer redemption solution, under their own brand and on their own terms. Visit
www.paydiant.com for more information about the Paydiant solution and follow
us on Twitter @Paydiant.

About Diebold
Diebold, Incorporated (NYSE: DBD) is a global leader in providing innovative
self-service technology, security systems and related services. Diebold has
approximately 16,000 employees worldwide and is headquartered near Canton,
Ohio, USA. Visit Diebold at www.diebold.com or on Twitter:

SOURCE Diebold, Incorporated

Website: http://www.diebold.com
Contact: Media Relations for Diebold, Alissa Black, +1-330-490-5842,
alissa.black@diebold.com; or Media Relations for Paydiant, Tim Walsh,
+1-617-512-1641, timw@walshgroupmarketing.com; or Investor Relations, Jamie
Finefrock, +1-330-490-6319, jamie.finefrock@diebold.com
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