BALTIMORE — PayPal, NCR and $1.7 billion Technology Credit Unionjoined together at the 2012 NACHA conference to announce aninnovative ATM that offers users a new option: With a very fewclicks on the ATM screen they can use PayPal to send money to justabout any U.S. mobile phone number, and at least some internationalnumbers are on the way, said David Green, a marketing manager atTech CU.

Steve Nogalo, an NCR vice president, said that the ATM requiresa software-only upgrade, that is, purchase of new hardware is notrequired to implement this. He added that in the U.S. financialinstitutions have not used ATMs to drive new revenues and, in NCR'smind, this service may be a way to do that.

San Jose, Calif.-based Tech CU – which has announced its intentto pursue conversion to a bank – said it planned to charge users a feefor PayPal transfers via ATM.

“We will charge 39 cents,” said Green, who indicated that willbe a flat fee. “We will see how that goes,” said Green.

“We believe we can make available through ATMs services thatpresently are only available online or through mobile banking,”added Nogalo.

For PayPal's part, this initiative is part of a broader pushby the eBay subsidiary to offer person-to-person paymentsas a service to credit unions and banks.

Dan Schatt, a PayPal executive, said at the Tuesday session inBaltimore, “We think there is a big play in helping the industryreduce the number of paper checks. We think we have a way to dothat.”

Tech CU indicated it planned to make the service available toall of its ATM cardholders.