ATM Outsourcing Remains a Critical Cost-Cutting Solution for Deployers

Over half of ATMs across the globe now have their cash replenishment outsourced, as deployers look to third parties to increase the reliability of their machines and maintain profitability North America sees high levels of cash replenishment outsourcing RBR’s Global ATM Market and Forecasts to 2027 study reveals that half of the world’s ATMs had

Erika Navarrete Promoted to Executive Director for ATMIA

The ATM Industry Association (ATMIA) today announces that Erika Navarrete has been promoted to Executive Director for EMEA and the Emerging Markets. She follows a lengthy line of Executive Directors for Europe, including retired CEO, Mike Lee. Navarrete has been part of both the membership and conference teams of ATMIA for the past 12 years.

Consumers Will Choose Cash to Make Billions of Rand in Festive Season Payments

Cash remains one of South African consumers’ favourite ways to pay because it’s convenient, easy, and offers low transaction costs for customers and retailers alike. That means that every small and medium sized retailer should be preparing itself to manage an influx of cash over the festive season as consumers splash out on treats and

EthSwitch, Oromia Bank and Mastercard Partner to Modernize Ethiopia’s Payments Ecosystem Through Acceptance of Mastercard Payment Cards at ATMs

Mastercard payment cards now accepted at Oromia Bank’s ATMs across the country EthSwitch, Ethiopia’s national payment switch, Oromia Bank and Mastercard today announced a landmark partnership that sees all the bank’s Automated Teller Machines (ATMs) in the country accept Mastercard debit, credit, and prepaid cards. From today, tourists, and local citizens carrying Mastercard payment cards

Bank One Unveils its New Range of Premium Mastercards, Giving Customers Access to Priceless Travel and Lifestyle Benefits

Bank One announced today its partnership with Mastercard to roll out its whole new range of world-class debit and credit cards. The bank officially unveiled the new cards menu during a cocktail organized at Domaine de Labourdonnais in Mapou, on Friday 4 November 2022, in the presence of its customers, collaborators and the Mastercard team.

SASSA Grants Recipients Advised to Collect Money at Retailers and ATMs Due to System Glitches at Post Office Outlets Today

SASSA social grants recipients using the SASSA gold cards are advised to collect their monies at retailers and ATMs, as over the counter withdrawals at Post Office outlets are affected by systems glitches. Withdrawals of social grants can be made at any retail outlets nationwide that provides the cashback functionality which includes Shoprite, Checkers, Usave,

Independent ATM Deployers Playing Increasingly Important Role in Global ATM Markets

As banks around the world rationalise their ATM fleets, and remove unprofitable units, independent ATM deployers (IADs) are stepping in to fill the vacuum IADs deploy a growing share of the world’s ATMs RBR’s report Global ATM Market and Forecasts to 2027 shows that while the total number of ATMs worldwide is slowly declining, the

Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch Networks

SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network “I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to offer cutting-edge digital solutions to our customers. A strong, resilient network

Pay@ Partners with Stitch to make EFT Payments Faster and Improve Customer Service

Instant EFT payments just got better and faster. Southern Africa’s leading payments aggregator Pay@ has partnered with Stitch, a payments and data Application Programming Interface (API) fintech, allowing billers and merchants to easily accept secure payments from customers via Instant EFT. Pay@ has partnered with Stitch to bring a much-improved customer experience – allowing a

Ukheshe and Paycorp Boost Cardless Cash Withdrawals at Cash Express Branded ATMs

More cardless ATMs with greater functionality are now available to more people thanks to the ongoing partnership between leading fintech enablement partner, Ukheshe, and leading global payments provider, Paycorp. The partnership sees ATM Solutions, a division of Paycorp, which owns and operates over 4000 Cash Express branded ATMs, add rich embedded functionality to its fleet