VeriFone launches ATM-kiosk hybrid

VeriFone Holdings and PROSA, a Mexico-based electronic switch processor, have introduced an ATM-kiosk hybrid with cash dispensing and deposit functionality, designed for the Latin American market. According to a news release, PROSA plans to roll out the kiosks at retail locations throughout Mexico.

The MX ATM features a number of customizable functionalities, including cash dispensing, balance inquiry, mobile top-up, bill payment, coupon redemption and prepaid card reloading. Miguel Angel Balcazar, PROSA's executive director of new business, says the kiosks will help retailers reach their customers better and save money:

VeriFone's MX ATM provides PROSA with a new solution to increase customer loyalty, reduce operating costs and expand our reach to dispersed points of service.