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

Investing in your own peace of mind: how video surveillance solutions help ensure banks security

Among other things, the article explains in detail how and why modern banks should protect their self-service devices (ATMs, payment kiosks and other terminals) using modern security solutions, for example, the ATMeye.iQ system. more »

Cash Management.iQ: estimating the price of CIT operations

n the last Cash Management.iQ version, BS/2 added a truly important feature: using the CIT.iQ module, the operator can manage the cash collection routes and calculate its cost individually. more »

Innovative Banking Technologies and Equipment at BankExpo 2018

The annual BankExpo 2018 banking services, technologies and equipment exhibition will be held on April 19-21 in Tashkent for the 11th time. more »

The present-day future. 3 myths about video banking

Nowadays, remote customer support provided by the bank staff during routine self-service operations is a good practice. more »

ASHBURN International Invested Over €1m in Its POS Terminal Network Upgrade

In 2017, ASHBURN International (part of The Penki Kontinentai group), which deals with the card payments and loyalty program managing solutions, has completed its Lithuanian POS terminal network modernization. more »

EcoVadis Silver Rating Granted to BS/2

The international EcoVadis company has granted its silver corporate social responsibility (CSR) rating to Penkių kontinentų bankinės technologijos company. more »

TransLink.iQ Introduced in the UK

On March 29, the Lithuanian Embassy in Great Britain hosted a presentation of Lithuanian companies, during which local business representatives were acquainted with the TransLink.iQ software solution for managing POS terminal networks and loyalty programs developed by ASHBURN International. more »

The BS/2 installed first ATMs in Latvia supporting contactless cards

In Riga, first Diebold Nixdorf ATMs for contactless cards were introduced. The project, carried out by the banking technology company BS/2 for BlueOrange Bank. more »

The World's Largest Software Developers Laid Foundation for Common SSL Certification Standards

6-8 March 2018, the Amazon Web Services North American office hosted another CA/Browser Forum, the main event for the major Web browsers, OS and software developers’ consortium. more »