20.2.2009 —
In co-operation with Abanka Vipa and the Printec company, Bankart has successfully completed the development of support for automatic cash deposits at ATMs manufactured by NCR. The service facilitates cash deposits at ATMs, including banknote control (counterfeits, quality...), immediate posting to a card holder’s transaction account along with the immediate availability of funds that have been deposited.
In co-operation with Abanka Vipa and the Printec company, the supplier of NCR ATMs, Bankart has successfully completed the development and implementation of a solution for automatic ATM cash deposits, which allows a user to simply insert banknotes (in values of €10, €20, €50 and €100) in the slot and have the funds deposited via the ATM immediately available in their transaction accounts. When a deposit is made this way, the user immediately receives a slip confirming the deposit, raising confidence among users regarding the transaction so performed.
As far as banks are concerned, the introduction of automatic cash deposits enables them to streamline their operations and improve their cost efficiency, reducing the possibility of errors thanks to the automated process, and provides them with the functionality of excluding counterfeits and low-quality banknotes from cash circulation.
The previous technological solution supported the ATM cash deposit service using deposit envelopes), but the user did not then have immediate access to the funds deposited in the account since the bank had to manually post them to the relevant account. On the other hand, the new service facilitates ATM cash deposits, including banknote control (counterfeits, quality...) and immediate posting to the card holder’s transaction account.
Abanka Vipa d.d. was the first to implement the solution at its (NCR) ATMs. The service was also offered to other banks in Bankart’s ATM Network and Bankart will gradually also develop the service for other ATM suppliers (Diebold, Wincor Nixdorf). At the moment, only the clients of Abanka Vipa, holders of BA Maestro cards, can use this service at certain ATMs owned by Abanka Vipa. A list of the locations of Abanka Vipa ATMs that support the automatic cash deposit service is available at www.bankomati.net; for further information about the new service contact Abanka Vipa d.d. or visit www.bankart.si.
