Financial Kiosk services have been around for a long time. These are often a billpay kiosk for courts and utility billpay but can also be financial services, cash back, ATMs and many other financial functions. ย Selling new financial services using consumer friendly iPad and Android tablet kiosks is another one.
Verizon Bill Pay Kiosk is example
Wireless Bill Pay kiosk services- this is the most visible vertical and includes close to 10,000 retail billpay locations when you factor in Verizon, AT&T, Sprint, T-Mobile, and all of the Walmart and Costco’s
Variation of Telecom is the Cable Services and bill pay kiosks for providers such as Comcast and Time Warner.
Municipal bill pay services – ย many cities opt for self-service bill pay for utilities, cable bills, traffic tickets and more.
Bank in a Box kiosks are the new generation of Multifunction financial service kiosks. ย Historically they began with units like VCOM used by 7-Eleven.
Prison and jail kiosks are a variation of financial services. ย Micropayment management by companies like JPay provide revenue stream to operator as well as the client.
For many years the ATM industry ย and companies such as NCR, Wincor Nixdorf, Diebold have attempted to design multifunction ATMs that banks would “buy into”. ย Advertising services and incorporating certain billpay functions and wire transfer were tried. ย 7-Eleven with VCOM is good example. The true purpose built function terminals won out in the end however.
Beginners Guide to Developing Kiosk Software Pitfalls to avoid when developing payment kiosks This is my third and final article in a series titled โA Beginners Guide to Developing Kiosk Software.โ In this article Iโm not even going to attempt to delve into the specifics of developing support for accepting payments because there is a huge variation betweenโฆ Read More »
VCOM History With all the talk about C-Stores and their potential functionality and customer expansion, we thought it made sense to look back at the seminal project for “complete financial services.”ย Having a copy of the main 7-Eleven presentation made it a bit easier.ย We’ve noted before how C-Stores are beginning to threaten restaurants (hiring product managers fromโฆ Read More »
NORTH CANTON, Ohio, Dec. 18, 2015 /PRNewswire/ — Diebold Forms New Joint Venture With Inspur, One Of China’s Leading IT Companies, To Provide ATMs And…
NORTH CANTON, Ohio, Dec. 18, 2015 /PRNewswire/ — Diebold, Incorporated (NYSE: DBD) today announced it is forming a new joint venture with a subsidiary of the Inspur Group, a Chinese cloud computing and data center company, to develop, manufacture and distribute financial self-service solutions in China. Inspur will hold a majority stake of 51 percent in the new joint venture, which will be named Inspur Financial Information Systems, Ltd. The joint venture will offer a complete range of self-service terminals within the Chinese market, including automated teller machines (ATMs). Also, Diebold will serve as the exclusive distributor outside of China for all products developed by the new joint venture, which will be sold under the Diebold brand.
In addition, to support Diebold’s services-led approach to the market, Inspur will acquire a minority share of Diebold’s current China joint venture. Moving forward, this business will be focused on providing a whole suite of services including installation, maintenance, professional and managed services related to ATMs and other automated transaction solutions.
Inspur Group is an $8 billion Chinese multinational information technology provider headquartered in Jinan, Shandong,China, with more than 70 years in business. The company specializes in IT hardware and software, and is a leading self-service kiosk manufacturer for major financial institutions in China. Inspur’s clients and business partners also include LG, IBM, Cisco, Microsoft, VMware and Micron.
“Partnering with Inspur enhances our competitive position and deepens the relationship with our customers in China,” saidAndy W. Mattes, Diebold president and chief executive officer. “Inspur’s strong reputation as a leading China IT company with a global footprint allows our new joint venture to bring more innovative solutions to China’s financial institutions and strengthens Diebold’s go-to-market strategy in this important market. We look forward to re-igniting growth in China and are excited to work with Inspur to sell a complete suite of self-service products and related services.”
“We are very happy to enter into this venture with Diebold, a well-respected global leader in financial self-service solutions, to continue growing our own presence in this market in China,” said SUN Pishu, president and CEO of Inspur Group. “Inspur is one of the fastest-growing self-service technology providers in China. Combining both company’s technology, sales expertise and existing presence in China will be of great value, both to our clients and our respective businesses.”
Upon closing the agreement, Diebold will appoint a chairman of the new joint venture, while Inspur will appoint a chief executive officer for the business to lead day-to-day operations. The agreement is anticipated to be finalized in mid-2016, pending regulatory and other approvals, with plans to begin manufacturing and distribution activity immediately after regulatory approvals.
The ability to dispense cashย from your kiosk canย be invaluable for making change and reducing the need for human cashiers.ย Traditional bill acceptors only accept cash, but bill recyclers have the ability to both accept and dispense cash likeย a human cashier Source: blog.kiosksimple.com Your customers will appreciate yourย kiosks giving them change in bills, rather thanย dispensing a mountain ofโฆ Read More »
Thanks to Kirk at ARCAย and also Innopay with original article Fintech is unbundling the universal banking model: three strategic questions to answer Mounaim Cortet,ย Douwe Lycklama Payments,ย Article 31-08-2015 In the โuniversal modelโ banks typically offer a broad product portfolio in retail, private, commercial, investment and transaction banking, along with wealth and asset management and insurance. Thisโฆ Read More »
Self-service kiosk for debit and credit cards, aims to improve the customer service and enhance the banking experience for customers. Lets you apply and receive your card right at the station. The self-service kiosk is placed at the Bankโs D-Ring Road Branch and operates from Sunday-Thursday from 7:30am to 4:00pm. Customers will be equipped to get their debitโฆ Read More »
Fujitsu, a leading information communication technology (ICT) company, today announced an International Distribution and License Agreement with OnCue Technologies, a developer of in-aisle point-of-information solutions that are designed to enhance the consumer shopping experience. Source: online.wsj.com Fujitsu will resell OnCue Technologies’ InfoCue and Expert OnCue mini kiosk solutions to big-box, grocery, beverage and hardware retailers in the Unitedโฆ Read More »
Envoy™ platform simplifies communication between transaction software and devices Mebane, NC (January 6, 2015) โย ARCA, a global leader in cash and payment automation technology, announced today the release of its latest software solution, Envoy™ to help accelerate the integration of self-service transaction software with kiosk hardware. Source: www.arcatechsystems.com Great stuff from ARCA who has always provided top tierโฆ Read More »
KIOSK will feature MoneyGram’s new self-service money transfer and electronic payment kiosk solution at NRF’s 2015 Big Show (booth 4235). Source: www.businesswire.com PostCounter: 95
Bill jamsย are commonplace when your kiosk accepts cash payments.ย No matter how advanced the bill acceptor, thereโs always that guy that inserts a bill covered inย mud, or something worse,ย and gums up the device. Source: blog.kiosksimple.com Good pointer on EBDS and the Crane/MEI SC bill acceptors for kiosks. ย Bill Jam is a supported error code for sure. ย For multiple BAsโฆ Read More »
Activation and issuance of DubaiCard will take less than a minute Source: gulfnews.com Sallie Henry, contracts manager at National Pay, said that there will be 200 kiosks in Dubai in phase one and expansion to other emirates. To get a card, she said that a customer needs to have the passport or Emirates ID. The Emirates IDโฆ Read More »
Learn more about ARCA here: www.arca.com Since 1998, ARCA has been helping people find better ways to automate financial transactions in bank branches, … Source: www.youtube.com ARCA is definitely one of the leaders in financial technology. The Alliance with HP only increases their spread. ย Another smart move by a smart company. ARCA Focus Banking – financial institutions.โฆ Read More »
Press release issued by ARCA today. ย The addition of the cash recycler is big news plus the new Android support. ย At some point ARCA will abstract these devices into network appliances, and cash is still 50% and holding steady (and growing some). ARCAโS ENVOY™ PLATFORM NOW FULLY INTEGRATED WITH CRANE PAYMENT INNOVATIONโS (CPI) MEI SCR AND SC ADVANCEโฆ Read More »
Las Vegas, July 11, 2016 โ Kiosk News – Rick Kobal has joined the SlabbKiosksโ sales team. The announcementย was made today by the ย companyโs President, Peter te Lintel Hekkert. He indicated the move wasย necessary as the company continues to expand its customer base and increase production. โWe are very pleased to welcome Rick to our team,โ said teโฆ Read More »
The kiosk is connected to all till points in-store, and automatically recalls the purchase information as soon as the receipt is scanned.
Using inbuilt scanners, the tourist can simply scan their passport and sign the form using an inbuilt signature pad. Respecting all local and international regulations, the printed tax-free form is fully compliant, and in some countries, such as France, it is linked to Customs to synchronise with local systems.
The Netherlands is an interesting case study to look at more closely, because their retail sector has recently embraced card payments in a big way. There are now 1,400 supermarkets in the Netherlands with registers that don’t accept cash.
In the UK, half the transactions by consumers in 2013 were with cash
As a result, card payments in the Netherlands have been growing by about 7 to 8% annually over the past few years. And yet, cash is still king. In 2012, there were 2.7 billion card payments, but an estimated 3.5 to 4 billion payments were made with cash. “Even in supermarkets which all accept debit cards, cash is still used heavily,” Jonker says. “For the time being we think cash will keep on having an important role.” Studies of other nations tie in with these finding
October 13, 2015 ATM Kiosk embedded NFC device enables customers to conduct transactions using leading mobile wallet providers like Apple Pay CHARLOTTE, N.C. & LAS VEGAS โ Oct. 13, 2015 โ Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced at the 2015 BAI Retail Delivery Conference enhancements toโฆ Read More »
More than 670,000 people have obtained the identification cards since the program began in January. One of the program’s goals is to help many of those people obtain bank accounts. But some of the biggest banks in the city — including JPMorgan Chase,Bank of America and Citigroup — will not accept the cards as a primary source of identification, even though their federal regulators and some smaller banks have approved their use.
RDM Corporation (TSX:RC), a leading provider of specialized hardware and software solutions for electronic payment processing, announced that it is now shipping its new EC9600i single feed (SF) network check scanner models. The new EC9600i SF models are an extension of the family of EC9600i auto-feed (AF) network scanners introduced last year.
New networked check scanners make it easy for thin client and other devices to access networked scanner. Checks are up to 20% of transactions?
RDM’s EC9600i series network scanners simplify the check scanning process through RDM’s “one-touch” setup. Unique to the EC9600i scanner family, embedded software and industry standard networking protocol enable users to easily access the scanners securely over a network using their PCs, MACs, mobile devices or payment terminals, regardless of the operating system or browser and without additional hardware. The EC9600i scanners also work seamlessly in Citrix and other thin client environments.
Signed by Stefan Ingves, the Riksbank Governor, the letter states that the banks have reduced their cash handling services too fast, resulting in a lack of cash services in less populated areas in particular, but for the public in general.
Mike Lee, CEO of the ATMIA, says: “This is a victory for common sense and for the future balance of the Swedish consumer economy and I’d like to congratulate the Swedish Riksbank for seeing through the mirage of anti-cash propaganda in the media to reveal the basic economic right of free citizens to choose their own payment methods at all times, whether cash or digital.”
In France, they have an automated kiosk called Pablo. Once Pablo approves your form, you don’t need to go to the customs counter at all; you can just line up and obtain your cash refund or put the form in the box and later get your refund credited into your nominated credit card.
FNB has launched a new kiosk that allows you to open an account with only your thumbprints as verification.
ย
The bank has formed a partnership with the department of home affairs, and uses government records to verify your identity.ย ย
ย
"The machines are directly linked to Home Affairs and because they use fingerprint technology on their side, we are able to quickly verify who you are," says Lee-Anne van Zyl, CEO of FNB Points of Presence.
ย
The TouchPointย kiosk allows people to open an eWallet Extra account with their thumbprints.ย Existing FNB customers can also do all their general banking, except withdraw money.ย
We thought this was a nice graphic showing the various financial institutions. One question might be regarding this is where does Stripe fit in? US Financial Network From BusinessInsider The payment industry’s biggest trends in 2021โand the pandemic’s impact on digitization in the payments landscape The coronavirus pandemic accelerated payments industry digitization by two to three years.โฆ Read More »
EMV Liability Shift Despite the October 1st liability shift deadline looming, only 10 per cent of Americans have received the new chip-enabled cards, and nearly a third don’t know how to use them. Source: www.paymenteye.com The survey, conducted by the GfK Public Affairs for Associated Press, found that out of 1004 Americans polled, only one in every tenโฆ Read More »
>PRWEB.COM Newswire Source: www.digitaljournal.com The company says their kiosk attendants are ready to help throughout the transaction process. That includes clearing up common misconceptions surrounding bitcoin, and explaining security risks; even sending a micro transaction to a new user’s wallet demonstrating the ease and speed of transactions on the bitcoin network. Also, according to Berger, “the opportunity toโฆ Read More »