Egypt, France airdrop aid to Gaza amid growing humanitarian crisis, global criticism of Israel    Supply minister discusses strengthening cooperation with ITFC    Egypt launches initiative with traders, manufacturers to reduce prices of essential goods    SCZONE chief discusses strengthening maritime, logistics cooperation with Panama    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Egypt will keep pushing for Gaza peace, aid: PM    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



NCR establishes centre for ATM monitoring
Published in Daily News Egypt on 27 - 06 - 2012


By Mohamed Fawzi
NCR's ATM Solutions division established the Manage Services Centre to monitor deposits and withdrawals at ATM machines.
Osama El-Sayed, General Director of NCR in Africa, said that the company sold 900 machines to banks in Egypt last year, compared to 1200 machines the previous year. He attributed the 25% decline in sales to the unfavourable economic conditions in Egypt since the revolution.
He said that the current situation did not prevent the company from expanding, as the company recently opened the Manage Services Centre, which allows banks in Egypt to outsource ATM monitoring. He added that the centre is currently monitoring 1500 ATM machines belonging to 10 banks.
The centre monitors the level of funds available in the machines in order to reduce the rate at which the ATMs go out of service. He said that NCR plans on offering the service outside of Egypt. He said “We own 12 centres specialising in ATM manufacturing and maintenance all over Egypt," noting that maintenance and repair usually take place at the machine for maximum efficiency but that in special cases banks send their machines to a repair and maintenance centre.
He said that NCR's machines account for 91% of the domestic market and 60% of the African market, explaining that Africa has the most potential for economic growth than any other market. El-Sayed noted that periods of security breakdown in Egypt did not have a significant impact on the manufacture, repair, and maintenance of the company's ATM machines. He said that 250 machines were damaged during the revolution and two were stolen that were not recovered.
He said “Cash deposits are one of the services that have been received well, and the service is available all over Egypt. The deposit services also allow for individuals and government entities to pay various bills." Machines that allow for cash deposits account for 25% of total ATM machines in Egypt.
NCR is an American multi-national company founded in 1884 with operations in more than 220 countries around the world. It is one of the oldest electronics companies doing business in the Egypt, having entered the market in 1936. The company's primary focus is information technology, and it has a strong presence in Egypt and Africa in the banking and money management sectors.


Clic here to read the story from its source.