ATM management helps you to maintain your ATM. It also ensures the self-service network is up and functioning to provide the services customers expect and minimize organizational stress. Those with cards expect ATMs to be available and operational around the clock any time they need them. An ATM acquiring solution should provide comprehensive management and practical support to banks and third-party payment processors.
ATM Management Benefits
Utilizing ATM management & Acquiring solutions will result in the following:
- The operational efficiency will increase
- There will be improved accessibility and client fulfillment
- Minimize cash supply chain expenses, as well as offer user-defined reporting across your self-service network
- Device management will be comfortable using a single end-to-end platform
ATM acquiring offers a strong routing, including an approval platform, making it easier to process card and non-card based developed via ATM network. This solution allows back-office processing, monitoring, and testing processes. ATM acquiring also offers a tailored experience to clients, cash withdrawals, bill payments, and more. ATMs can also predict customers’ preferred transactions for fast money withdrawal and sending targeted ATM marketing operations.
How does using an Integrated currency manager assist your organization?
- It foretells orders correctly and for every cashpoint
- Minimizes the burden and charges of delivering cash
- Reduction of cash supply charges and uphold target balances
- Meets the demand for cash when at the peak and improves cash control balances
Importance of ATM Acquiring
ATM acquiring is a fully-integrated, end-to-end solution, which enhances customer experience via the ATM channel. It manages any ATM device and has the following benefits.
Payment card systems
Payment cards provide a faster and a convenient means of doing transactions from whichever location you are, as long as there is internet access. There are varied payment card schemes that can be used locally and internationally. Examples of such cards include; Mastercard, VISA, American Express, and others. The PCI-DSS is a body that controls all payment card industry and ensures secure transactions by the users.
Compatibility with external systems
ATM cards allow integration with external systems to ensure seamless transactions that allow mobile airtime purchase, bill payments, as well as online cash transactions. ATM card users thus have options to pay bills and also manage to perform cardless cash withdrawal.
The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard that outlines security standards that all organizations dealing with payment cards must comply with to stay on business. The standards ensure both organizations’ and sellers’ safety while making transactions, thus limiting fraud cases.
To ensure safe and secure online transactions through the use of ATMs, the PCI – DSS standards spell out information security requirements that card organizations must adhere to. Card payment options ensure consumers can perform transactions at their convenience.