News
Mobile-Money ATM solutions rewarded by the banking industry
Berne, Switzerland – 13/07/2010
Sicap Mobile-Money ATM solutions, powered by Wincor Nixdorf, were highlighted by the US magazine Bank Technology News (BTN) in the 9th annual edition of “The Innovators”. Wincor Nixdorf, Sicap’s technology partner, was selected by Bank Technology News “for its ingenious plan to tie cell phones to ATMs for global remittances”, and was chosen among a prestigious line-up of global leaders in the retail banking and financial services industry.
The Sicap Mobile-Money ATM solutions comprise 3 innovative services − Cash Top-Up, Cash Remittance and Self-Service Kiosk −, which enable operators to offer their end users convenient, quick and flexible access to credit reloads, cash transfers and account enquiries, anytime, anywhere.
These cross-industry top-of-the-range solutions are highly beneficial for mobile operators as they help them increase customer satisfaction while considerably reducing operating costs and creating new revenue streams − thus enabling a very fast RoI.
With Cash Top-Up there is no minimum amount to be respected for a subscriber wishing to reload his account and the solution reduces reload commissions paid by operators tremendously, while giving them an additional reload channel on the market to enable extra sales, promotions and advertising through the ATMs.
With Cash Remittance, a mobile subscriber can send and receive cash transfers without a bank account and pay much lower commission charges compared to classic money transfer services. The operator benefits from substantial revenues derived from a new value-added service while offering end users an innovative service triggering loyalty among its subscriber base. This is the ideal solution for MNOs willing to take advantage of a booming cash transfer market worldwide.
Through a touch screen ATM, Self Service Kiosk enables end users to self-manage their accounts, therefore reducing the cost of doing business for MNOs, while providing them with a great platform for up-sales and promotion campaigns.
“Being first to market with an m-transaction ATM confirms Sicap’s pioneering spirit and our ability to deliver user-friendly services within a regional context. We are proud to partner with Wincor Nixdorf as a reputed leader in ATM technologies to achieve this.” said Jürgen Samuel, Sicap CEO.
About Sicap
Sicap is one of the world’s leading providers of customised mobile software solutions in the areas of communications and charging. Sicap technology empowers mobile operators to deliver a superior end-user experience, while maximising new revenue streams and reducing operating costs. Sicap develops and implements solutions comprising convergent charging and rating, mobile payment, network services, device management and messaging. These solutions are used by more than 95 customers, serving more than 660 million end users worldwide. For more information, visit www.sicap.com
Contact: kate.stoney@sicap.com
About Wincor Nixdorf
Wincor Nixdorf is one of the world’s leading providers of IT solutions and services to retailers and retail banks. Their extensive portfolio is centered around optimising business processes at banks and retail companies. It is aimed mainly at cutting costs and complexity and improving service to the end customer. They leverage know-how from their core business with banks and retailers to diversify into related sectors. These include postal and lottery companies and hospitality and service station chain operators. Wincor Nixdorf has a presence in about 100 countries, with its own subsidiary companies in 41 of these. For more information, visit www.wincor-nixdorf.com
Contact: ulrich.nolte@wincor-nixdorf.com