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ATM, DEBIT & PREPAID FORUM: Gift-card dispensing at ATM gets thumbs up from Wincor Nixdorf
October 29, 2009 - Tracy Kitten
Advanced functions at ATMs have been touted for a number of years; few have taken off. But prepaid-card dispensing may be the exception, as a number of big-name ATM manufacturers are feverishly working to integrate the technology into their ATM platforms.
During last week's ATM, Debit & Prepaid Forum in Las Vegas, a number of ATM manufacturers, including Wincor Nixdorf AG and Nautilus Hyosung America Inc., demonstrated card-dispensing functionality for the ATM. The underlying technology: Deposit automation, which facilitates the immediate acceptance of cash, check or debit for payment of credit to the card.
Through a partnership with Better ATM Services, Wincor Nixdorf is launching its prepaid-card dispensing option. Triton Systems of Delaware and Diebold Inc. also have partnered with Better ATM. Better ATM's solution uses an ATM's cash dispenser or cash tray to print prepaid cards, so no upgrades to the ATM are required.
"We think this app for prepaid-card dispensing will go over well, especially in the branch, since issuing prepaid cards is cumbersome for branch staff," said Wincor Nixdorf's Saul Caprio during a demonstration at the Forum. "This application runs on our normal ProCash software, so it's very easy to implement."
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