OneDosh, the stablecoin-powered payments platform, announced today that OneDosh Visa cardholders can now withdraw cash at any Visa-accepting ATM in non-sanctioned countries worldwide
Until now, OneDosh users could hold dollars and stablecoins, send money across borders and pay with their card online and in store. Global ATM access closes the last gap: when a market stall, taxi or landlord only takes cash, users can withdraw it directly from their OneDosh balance.
For many of OneDosh’s users across Africa, Europe and the US, getting paid in dollars is only half the problem. Turning those dollars into usable local cash often means a trip to an exchange bureau, a transfer through a third party, or a poor rate at the end of a long wait.
Freelancers and creators paid in dollars can access cash at home without an extra transfer.
Travelers and diaspora visitors can withdraw local currency abroad instead of carrying cash across borders.
Read also: OneDosh expands into European Union, moves beyond US-Nigeria corridor
“Cash still matters in everyday life, especially across Africa. Our users already hold dollars in OneDosh. Now they can take that money out as cash at almost any ATM in the world, in seconds, using the same card they spend with every day,” said Austin Cornell, chief product officer of OneDosh.
At any ATM displaying the Visa logo, users insert their OneDosh card, enter their PIN and choose the amount. When the ATM asks for an account type, users should select Credit, not Checking or Savings.
Withdrawal limits are designed to keep accounts secure: Up to $250 per withdrawal, including any fee charged by the ATM operator; Up to 3 withdrawals in any rolling 24-hour period and up to $750 in cash in any rolling 24 hours.
ATM operators may charge their own fee, which is shown on screen before the withdrawal is confirmed. ATM withdrawals are available now to all OneDosh Visa cardholders. To get a card, download the OneDosh app on iOS or Android.
Royal Ibeh is a senior journalist with years of experience reporting on Nigeria’s technology and health sectors. She currently covers the Technology and Health beats for BusinessDay newspaper, where she writes in-depth stories on digital innovation, telecom infrastructure, healthcare systems, and public health policies.
