Absa ploughs R550 million in ATM upgrade

Absa says it has committed more than R550-million to improve and enhance its ATM network and expand convenient self-service banking facilities.

Absa claims the largest ATM footprint nationwide with more than 9,000 machines.

Enhancements to the network include ATMs which provide convenient card-less transactions like cash deposits; CashSend; Scan n Pay, which provides simple bill scanning and payment; and contactless card services for Absa’s PayPass and My City Cards.

The ATMs also provide immediate short-term Instant Loans and eStamped statements eliminating the need for customers to go into a branch.

“For the majority of South Africans an ATM is the most convenient interface with the bank,” said Arrie Rautenbach, Absa head of Retail Banking. “We have strategically chosen each and every ATM location so that it offers both Absa and non-Absa customers convenience. The improved hardware ensures that all customers have a fast and reliable experience no matter where the ATM is located.”

More news on Absa

Absa app hits 200,000 downloads

Absa explains mobile payment device delay

Absa app hits 100,000 downloads

Absa banking app sees impressive uptake

Must Read

Partner Content

Show comments

Trending Now

Follow Us

Absa ploughs R550 million in ATM upgrade