Offsite ATMs - ATMC Quickcash Commences Processing for UBA ATMs

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Nigeria's premier and largest Independent ATM Deployer (IAD) and operator of the QuickCash ATM network, ATM Consortium (ATMC) has commenced the processing of UBA's off-banking location ATMs on its Postilion Front End Processing platform.

The processing services kicked off last week at four locations across Nigeria, three of which are in Lagos (Victoria Island, Ikoyi and Oregun) with the fourth in Abuja (Wuse).

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.

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.

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.

While commenting on the processing services, UBA's Group Director, Electronic Banking and Retail Products, Ike Onyenokwe, expressed delight in the UBA-ATMC collaboration and lauded the benefits accruable to both parties from the offsite ATM handover.

Also speaking, ATMC Managing Director and CEO, Olumide Bajomo, said the commemoration have served dual purposes.

While it signalled ATMC's acceptance of all the four card schemes currently issued by banks in Nigeria and the go-live of ATMC on the National Central Switch (NCS), it also marked the commencement of processing services for ATMC member banks, starting with UBA. Other banks are now at various stages of implementation of the handover process.

He added that ATMC would replicate the processing services for all its member banks, while bringing on board over 1,000 ATMs onto the ATMC QuickCash platform by December 2010. Bajomo added that UBA as a committed ATMC shareholder has been instrumental to the successful turnaround of ATMC.