Euronet Software Solutions

Deposit ATMs

With recent research indicating that “Digital/Mobile First” initiatives are amongst the top priorities for banks when planning for the future. We believe that our Deposit ATMs can play a crucial role with this transition.

Currently “Branch Transformation” and “Virtual Branch” projects are offering the ability to restructure Branch & ATM Networks, reduce operational costs, and ensure an enhanced and uninterrupted service to bank customers, and that’s a tall order.

Euronet has a complete Bank Outsourcing Solution including offsite Deposit ATMs and full ATM fleet management and want to explore the potential and possibility of a partnership that will significantly reduce the banks operational costs.

Euronet has already deployed these solutions in Europe and Asia, and we are now proposing to do the same in Ireland. This is aligned with banking strategies of moving to digital platforms, reducing their branch footprint. and providing local services via unmanned branches where customer service is delivered via devices only. The reduced operating costs for your organisation are significant.

Our Deposit ATMs work with state-of-the-art recycling technologies and offer a concrete roadmap that enables the bank to continue servicing their customers while considering either reengineering in-branch services or closing the branch completely. Euronet offers a Self-Service banking model, where the ATMs are enabled to accept deposits and offer a number of key additional services such as cardless withdrawals.

The offsite Deposit ATM service will benefit your organisation through a number of key offerings such as:

1. Installing new Deposit ATMs at locations/areas where the bank is considering closing a branch, supporting both cash withdrawals and cash deposits.
2. Bespoke ATM screens and clear, informative signage informing customers that we are working on your behalf to improve perception.
3. More ATM service offerings, such as cardless withdrawals, multicurrency, and digital products, all further enhancing your customer’s experience.
4. Increased ATM touchpoints and better services for your customers through expansion of locations and offering migration from standard ATMs to Deposit ATMs.
5. A new Self-Service model that will allow the bank to reduce investment and maintenance costs and produce a new revenue stream.
6. Business continuity and support through communication campaigns.
7. Implementing a CRM system that shows bespoke ATM screen messages to the bank’s cardholders, offsetting any possible negative and public responses due to branch downsizing.
8. Undertaking the costs and operational complexity of managing the Self-Service machines with deposit functionality and more services to the customers.

Network Participation Program

Our ATM Network Participation Program is a strategically driven, multi-option ATM-as-a-Service package that shows how ATM networks can be shared and redefines how services are consumed. The new model offers banks additional benefits including the provision of new products and services, brand visibility and personalised marketing via bespoke and adaptable screen flows for your customers when using a Euronet ATM. The onboarding process is quick and seamless.

With our ATM Network Participation Program, we make our ATMs available to our partner Banks. The offering is a win-win proposition and comes with obvious benefits:

• No minimum annual fees
• Extension of your ATM network
• Significant reduction in operating costs
• No extra costs for your customers

ATM Purchase Program

Our ATM Purchase Program is part of a multi-option ATM outsourcing services package that will cover the complete value chain of ATM operations, including asset management, cash forecasting and fulfilment, transaction processing and settlement. We announced several deals with leading banks in Europe to purchase either their non-branch ATMs or the complete ATM estate and integrate them into the company’s shared and independent ATM networks. This program fully respects all and any specific conditions agreed with the particular banks.

This type of initiative has the advantages of securing business continuity, increasing customer reach, and offering more services to customers, while significantly reducing operational costs and future investments in the ATM channel.

The ATM Purchase Program is a win-win proposition and comes with obvious benefits for your bank:

• Save costs and eliminate the burden related to running an ATM business
• Gain access to a larger ATM network
• Provide new value added services
• Customers receive better service via stringent SLAs
• Adaptive functionality offerings for the bank card holders

We take full responsibility of all operational functions, meet, and follow all regulatory, compliance and security guidelines, remove the need to invest additional CAPEX expense on your ATM fleet and ensure business continuity as the ATM estate is seamlessly transferred onto the Euronet ATM network.