Of Special Interest
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
12th August 2011
NCR Bill Pay Kiosks
NCR launched the NCR SelfServ™ Bill Pay Kiosk this week in the Middle East and Africa (MEA) region. It states:".. the hardware, software and managed services payment solution with SIM card dispensing is designed to meet the needs of fast-growing telecoms companies".
The kiosks are designed both to exist inside a network provider store or located in shopping malls, airports or railway stations. NCR suggest in store it can allow self service for regular activities such as purchase of SIM cards, top up pre-paid mobiles and pay bills by cash, credit or debit card leaving staff to deal with more complex, and higher value transactions. In other locations it allows 24/7 access for customers.
The kiosks are capable of being programmed to meet legislation in different countries, such as the need in some countries to have identity confirmed before a sim card can be provided.
As well as an interesting diversification for a major producer of ATMs the wider significance is the further blurring of the distinction between mobile network operators and traditional banks in some areas of financial payments.