Nigerian ATM firm appeals for national currency system

Nigerian ATM firm appeals for national currency system
Tags: Bank / Credit Union, Cash Dispenser / Recycler / Acceptor, Distributors / ISO / IAD, Other, Trends / Statistics, Vault Cash / Cash Management
April 6, 2006

This Day: Nigeria's pioneer off-site independent ATM deployer, ATM Consortium, has asked the Central Bank of Nigeria to implement a national currency management system - one that ensures non-bank ATM operators have access to sufficient amounts of currency. ATM Consortium expects to deploy more than 1,000 ATMs in non-bank branch or off-site locations under the brand QuickCash over the next three to four years, providing a non-discriminatory shared platform for the entire banking industry, the company said.