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SmartVista to support currency exchange for Wincor Nixdorf cash-in ATMs
Press release
April 02, 2007
BPC Banking Technologies, recognized provider of e-payment solutions for the financial industry, has announced that its flagship SmartVista card processing solution has been extended to support currency exchange for the ProCash 2100xe line of Wincor-Nixdorf ATMs, which supports deposits, and dispensing of banknotes and coins.
The development conducted by BPC, and R&D partner INPAS Company, was aimed at introducing features responsive to global, cross-border requirements like currency exchange transactions. This enhancement is both an efficient online and back-office tool for managing the currency exchange process, including centralized maintenance and updates of currency rates. It also monitors the number of deposited, withdrawn, and available banknotes, thereby helping to plan ATM administration and cash replenishment.
This featured enhancement helps achieve significant cost savings by allowing the use of a single ATM for various types of transactions instead of having a separate machine for cash withdrawals/deposits and another for currency exchange. Now BPC customers can leverage on SmartVista to extend the range of services available to their cardholders at self-service kiosks. It will be a highly attractive offering to both banking and non-banking customers, who are now able to use ATMs even for non-account transactions like currency exchange.
The joint project marks a new milestone in the long-term partnership and cooperation among BPC, Wincor Nixdorf, and INPAS Company in providing extensive self-service solutions for the banking industry. Over the recent years the partners have brought to market a number of innovative solutions including cash-in, cash recycling, mobile top-ups, among others, that enable financial institutions to provide value added ATM services to their customers.
About Wincor Nixdorf
Wincor Nixdorf is one of the world’s leading providers of IT solutions to retailers and retail banking. The Company’s extensive portfolio, which consists of hardware, software, consulting services, system maintenance and other services, is centered on the business processes at work within banks and retail chains which operate extensive branch networks, and is aimed at optimizing costs, reducing complexity and improving service to the end customer. The Company’s proposition to retail banks embraces the entire range of automation and self-service systems such as automated teller machines (ATMs), information and transaction terminals as well as statement printers and voucher printers, etc. More information about Wincor Nixdorf is available at: www.wincor-nixdorf.com.
About INPAS Company
INPAS Company is one of the main suppliers of technological solutions for acquiring systems for Russia and CIS. Company partners are more then 400 Banks in Russia and CIS. INPAS offers supplying with not separate units, but with technologically completed solutions: from banking cards developing, EFT POS-terminals, ATMs and other systems of self service up to the whole spectrum of banking products, consisting of:
- Application Software
- Software for self service systems
- Systems for acquiring systems monitoring
- Development of extra applications on Bank’s cards
- Achievement of serving of extra applications by EFT POS- terminals and ATMs
- Attachment to the host of the Bank
INPAS is specializing in individual projects, in which the main attention is paid to the achievement of the Bank’s object and automation of all the regarding processes. More information is available at www.inpas.ru.
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