Core processor Fiserv and the Jacksonville, Fla.-based Vystar Credit Union have successfully completed a pilot test of cardless ATM transactions, according to a Monday announcement from Fiserv and Vystar CU.

The program, called CardFree Cash, lets members get cash from ATMs without having their debit cards present. Instead, members use a secure access code and PIN to access cash. The credit union, which has $5.6 billion in assets and more than 500,000 members, can set withdrawal limits, the number of transactions allowed and how long the access code will work. The card-free cash withdrawals in the pilot were performed at acquiring partner Payment Alliance International's participating ATMs and completed over the Accel debit payments network, according to the announcement.

"Member convenience is a key component of our overall payments strategy," Melissa Thomas, vice president of electronic payments and card services for Vystar CU, said. "With CardFree Cash, our members can securely access funds from an ATM immediately without their debit card regardless of the reason they don't have it with them."

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