Lithuanian company will supply ATMs to Georgia

Published: 27 August 2003 y., Wednesday
ATM "ProCash 2050"
ATM
Georgian bank "Basisbank" has ordered the first two "Wincor Nixdorf" ATMs "Procash 2050" from Penkių kontinentų bankinės technologijos, UAB

Thus far the bank has been launching "MasterCard" payment cards and servicing the customers thereof only. In the nearest three months the bank will become the member of "Visa", will start launching "Visa" payments cards and serve the customers thereof. Thus it is useful for the bank to acquire the banking equipment, which is justified to the general EMV standard. Wincor Nixdorf equipment was chosen for this purpose and in the next year expects the bank to expand the network of ATMs. EMV (EuroPay, MasterCard, Visa) – is a new general standard for the payment cards and all the banks are to migrate to this standard by the end of 2004. This standard will guarantee high protection of the payment cards. BS/2 is one of the exclusive partners of "Visa" in the implementation of EMV migration project. BS/2 distributes "Wincor Nixdorf" equipment in Lithuania and in twelve countries of the Eastern Europe. Four years in a row BS/2 is acknowledged as the best "Wincor Nixdorf" equipment distributor in the countries of Eastern Europe.
Šaltinis: Penki kontinentai
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

How banks benefit from using the best cash flow management solutions

It is no secret that banks invest hundreds of millions of euros in the development of their technical infrastructure annually. more »

BS/2 Georgia: From Equipment Supplier to Strategic Partner of Financial Institutions

In any field there are leaders who offer innovative products, strive forward, anticipate the customers’ desires providing them with professional and effective IT solutions. BS/2 Georgia is one of those innovative companies on the banking technology market of Georgia. more »

Automated Deposit Machine Vs Automated Teller Safe: Which Is Best Suited For Remote Cash Capture

Cash is the main means of payment in bank branches and retail outlets. End users are accustomed to using bank notes and coins for their daily purchases. It is calculated that the total cash volume worldwide increases by 8-10% every year. more »

Penki Kontinentai Corporate Film Wins the 2019 ATMmys International ATM Industry Marketing Awards

A corporate film of Penki Kontinentai Group entitled “Technologies of Tomorrow Today” is the best video project of the first international ATMmys International ATM Industry Marketing competition. more »

The Key to Success in Banking Equipment Maintenance: Efficiency and Services Flexibility

Equipment maintenance is a prerequisite for the banking self-service network. The smooth operation of ATMs and POS terminals creates a positive image of a financial institution and guarantees the loyalty of its customers. Service outsourcing is a more profitable alternative to creating service infrastructure. more »

Tenth Anniversary of BS/2 Subsidiary in Kyrgyzstan

February 19 is the establishment date of the Penkių kontinentų bankinės technologijos (BS/2) subsidiary in Kyrgyzstan – BS/2 Kyrgyzstan (BS/2 Bishkek). This year it celebrates 10th anniversary. Over the years, the company has made a significant contribution to the development of the banking sector in Kyrgyzstan. more »

Modern Video Security Platforms. Inside View

Video surveillance systems became an integral part of our daily life. Their popularity grows due to the rapid functionality expansion and technology improvement. Video surveillance is the key element of the financial institutions' security. more »

BS/2 Will Take Part in the Largest ATM-Focused Forum in Orlando

More than 1200 well-known banking technology brands from 25 different countries will participate in the ATMIA Conference and Exhibition in Orlando (Florida, USA), which will be held on February 19-21. more »

The Penki Kontinentai Group Scores 47 Million Euros in Revenue

The Penki Kontinentai group, which has been operating in the field of IT technologies almost for 30 years, registered high financial indicators in 2018. Its income amounted to 47 million euros (in 2017 - 34 million euros), unaudited profit - 1.7 million euros (in 2017 - 2.2 million euros). more »

Penki Kontinentai Companies Received Silver EcoVadis Status

The companies Penkių kontinentų bankinės technologijos (BS/2) and ASHBURN International, belonging to the Penki kontinentai group, received the silver EcoVadis rating for the second year in a row. more »