PADERBORN, Germany - Banco Santander Santiago, one of Latin America's largest financial institutions, has signed an ATM deal with Wincor Nixdorf International for 320 terminals with application software.
According to a news release, the order takes Banco's installed base of Wincor Nixdorf ATMs to more than 1,100 machines. The rollout is expected to be completed by the end of the year.
Banco Santander Santiago says it expects to use more self-service within its branches to reduce the number of cash transactions that take place at teller windows. And, all of the ATMs being supplied by Wincor Nixdorf are equipped with contactless card readers. Users of public transportation can now load their "transantiago" cards at the bank's ATMs. The cards can be used to pay for subway and bus travel.
Read also, The Automation Revolution.
