It doesn't look like a very good system, and it seems expensive. I get the impression that you buy a voucher, and then you have to g to your computer, and claim your coins in a wallet they provide. Is this true? Do you have to pay more fees to "spend" the coins in your wallet? I'm a cynic, and I wonder how long it will be before they introduce fractional reserve banking into their wallet structure.
Yeah, you got it right.
You buy a voucher that can be redeemed only if you have an account with them in their wallet, or you can ask for the redeem coins to go to an external address directly but you still need to be fully verified. So, mandatory KYC no matter how much you buy.
Comparing the fee of 7% with other ATMs and the fact that some are not asking you for an id for 50 euros, yeah, the system sucks.
Oh, and no, they are not asking for anything else than the normal tx fee when sending bitcoins out.