cash-transfer ATM

An inventor has announced his latest invention, an ATM that not only dispenses cash but accepts cash to pay for online transactions or transfer cash between people. He makes the point that in over 3/4 of the world, almost all transactions are cash-only. Link

The article makes an offhand mention that the device could be used to pay for online gambling. While that's certainly true, a device like this is not necessary to get around Visa-Mastercard-American Express-Paypal's voluntary ban of online gambling payments; there are dozens of other mediation systems that facilitate credit card payments for online gambling, and any given online gambling site usually has a link to at least one of them.

All the voluntary ban has really done is boost the revenue of offshore payment mediators, many of whom charge pretty hefty percentages on transactions, and are often in jurisdictions with questionable or absent regulation.