AKB platform will enable ATMs in Venezuela to withdraw dollars in cash
- FTT Creations
- Oct 17, 2020
- 1 min read

The president of the AKB Fintech platform, Guillermo Scarpantonio, reported this Friday, October 16, that that company will install ATMs in three cities in Venezuela so that users can withdraw up to 200 dollars a day in cash . Expect the ATMs to be operational by November 7.
Initially the money dispensers will be located in Caracas, Valencia and Barquisimeto, and later AKB Fintech will be informing about the exact location in each city.
Scarpantonio said in an interview with Román Lozinski, we are going to start with three and we already have another group of ATMs ready to be installed. We are in the details of testing with the servers from the United States to Venezuela so that everything is expeditious and there are no problems when withdrawing the money.We are also carrying out the processes of compliance with security standards so that ATMs do not have power or internet failures.
The system to withdraw money here in Venezuela is related to AKB's dollar wallets , since everyone who has money on said platform can withdraw it in cash through these ATMs. It details that if a person is paid their fees through the payment platform called Paypal, they can connect them with AKB through a guided platform, buy a gift card and then load it in the AKB Finch to later go to the ATM to withdraw them in cash.
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