A system and method for dispensing documents of value from an automated transaction machine that operates responsive to data read from data bearing records. The machine includes a card reader, cash dispenser, and display device. The machine can display data representative of selectable documents of value, such as a ticket that provides access to an entertainment event. After appropriate user selection and payment, the machine produces an electronic document corresponding to user selection. The machine can wirelessly dispense the electronic document to a mobile phone of the machine user. Information in the document corresponds to a description of value associated with the document. Unique information in the document enables the document to be authenticated with a validating device at a location where the document is to be redeemed.