THURSDAY, March 28, 2024
nationthailand

Hitachi-Omron launches ATM services business

Hitachi-Omron launches ATM services business

Hitachi-Omron Terminal Solutions today announced that it will start a new ATM managed services business, which will provide a comprehensive service, from machine procurement and installation to operation, monitoring and maintenance.

The move was in response to the increasing need for ATM outsourcing among financial institutions in Thailand, the company said, noting that the country has more than 60,000 ATMs in operation – the second largest number in Asean.
“The operation and management costs of ATMs are a heavy burden for financial institutions, and demand for outsourcing the asset holding, installation and operation of ATMs is rising as institutions seek to reduce costs and focus on their core business,” the company said in a statement.
“The industry is already looking to shared ATMs as a cost-cutting measure.”
Hitachi-Omron Terminal Solutions is installing 8,000 Automated Deposit Machines (ADMs), including cash recycling ATMs.
Since it entered the Thai market in 1990 with its ATMs dedicated to withdrawals, Hitachi-Omron Terminal Solutions has been introducing ADMs and cash recycling ATMs. The company has supported the development of the Thai financial infrastructure for over 25 years, it said.
The company is also expanding its maintenance services business by supporting more than 1,000 ATMs.
Keita Tada, direct managing director for Thailand, said: “Hitachi-Omron Terminal Solutions is a pioneer in cash recycling ATMs in Thailand and other Asean markets. By offering cash recycling ATMs and strengthening maintenance services, it has worked hard to raise the operating rate of cash recycling ATMs and stabilise their operations.”

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