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Wednesday, November 10, 2010

ATMC processes offsite platform for UBA

The Nigeria’s premier and largest Independent ATM Deployer (IAD) and operator of the QuickCash ATM network,

Managing Director, ATMC, Mr. Olumide Bajomo, said that the ATM Consortium (ATMC) Nigeria, has commenced the processing of UBA’s off-banking location ATMs on its Postilion Front End Processing platform.

The processing services, which kicked off last week, he said were at four locations
across Nigeria, three of which are in Lagos, including Victoria Island, Ikoyi and Oregun, while the fourth is located in Wuse-Abuja.

With its ATM processing services, the company has thus become the first IAD in Nigeria to accept all payment card schemes on its QuickCash ATM platform following certification by the respective card schemes, namely Interswitch Verve, Visa/Vpay, eTranzact Genesis cards and the newly introduced Naira MasterCard.

He also said that following the takeover of ATM processing services, cardholders of the 14 ATMC member banks now enjoy quality offsite ATM services across the QuickCash ATM network.

“The 14 ATMC member banks, which is the largest by any IAD includes existing ATMC members such as Afribank, Diamond, Finbank, First Bank, UBA, Union Bank, Unity Bank and Wema. Other banks that joined the network in response to the new CBN offsite policy are Ecobank, GTB and Oceanic,” he said.

At the commemoration in Lagos last week, ATMC hosted representatives of the card schemes including Interswitch’s Director of Payment Processing and Infrastructure, Akeem Lawal, Sola Olakanmi of ValuCard, eTranzact Business Development duo of Adekunbi Olorun-Rinu and Sunday Agboola.

UBA’s Group Director, Electronic Banking and Retail Products, Mr. Ike Onyenokwe, expressed delight in the UBA-ATMC collaboration and lauded the benefits accruable to both parties from the offsite ATM handover.

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