GTBank Introduces Innovative Payment Solution

Foremost African financial institution, Guaranty Trust Bank plc has reaffirmed its position as a leading provider of e-payment solutions with the introduction of a new service that allows customers receive Western Union funds directly into their GTBank account via any of the Bank’s Automated Teller Machines (“ATMs”) in Nigeria. The service is also available on

Ethiopians to Use One ATM Card Across all Banks

The National Bank of Ethiopia (NBE) has announced that by the end of this fiscal year, Ethiopians would be able to use one ATM and cheque across all banks in the country. Teklewold Atnafu, NBE Governor, said this week that the new system has been finalized and is ready to be implemented. According to Fanabc,

UnionPay Accepted by another 8 Countries in Africa

UnionPay International announced that, with its cooperation with Société Générale (hereinafter referred to as SG), merchants in 8 African countries, namely Madagascar, Benin, Ivory Coast, Burkina Faso, Cameroon, Guinea, Senegal and Chad, have started to accept UnionPay cards. With this new agreement, UnionPay cards are accepted by the ATMs and merchants in all the above-mentioned

ProCredit Bank Brings Intelligent Cash Deposit and ATM Currency Exchange to Georgia with NCR

NCR Corporation, the global leader in consumer transaction technologies, announced that ProCredit Bank Georgia has chosen NCR and its local partner RS Line to implement the first intelligent deposit ATMs in the country. Referred to locally as ‘universal’ ATMs, the NCR intelligent deposit ATMs enable clients to deposit cash into their accounts, unlike standard ATMs,

NCR Software Monitors Commercial Bank of Ethiopia’s Multivendor ATM Network

NCR Corporation, the global leader in consumer transaction technologies, announced that Commercial Bank of Ethiopia (“CBE”), the leading bank in the country, has upgraded its ATM management system to NCR APTRA Vision, a multi-vendor self-service management solution. CBE will manage its entire network of more than 1,200 multi-vendor ATMs using NCR APTRA Vision to proactively

Newly Designed ATM Offers Fast Service via Mobile Phone

Wincor Nixdorf is now launching a new automated teller machine (ATM) on the market that allows customers to withdraw cash using a smart phone or a near-field communications (NFC) card. The system’s innovative design is intended to appeal especially to digital natives who have grown up with digital and mobile technologies. Smart phone users can

Amana Bank to Join Umoja ATMs

Amana Bank, the First Islamic Bank in Tanzania and Umoja Switch will sign a memorandum of understanding (MoU) to establish ATM Card service. Speaking at a dinner party prepared for the corporate, medium and small Amana Bank customers here over the weekend, the Amana bank’s Marketing and Delivery Channels Manager, Mr Dassu Mussa said that

ATMIA Africa Publishes New Industry Study on Retail Payment Trends in South Africa

The African chapter of the ATM Industry Association has published a commissioned study on retail payment trends in South Africa for its online member Market Intelligence Library. “With 12 million new consumers added to the economy in the last ten years, along with an expanded banked community, the payments pie is getting bigger and bigger,”

UnionPay International Cooperates with “SBM” in Mauritius to Expand the Acceptance Scope of UnionPay Cards

UnionPay International and SBM jointly declared that all merchants and ATMs of the latter have been opened to accept UnionPay cards (card number starting with 62). So far, the coverage of local merchants and ATMs accepting UnionPay cards has been increased to 90% and 60% respectively. It also means that UnionPay International has realized its