The Hindu Business Line : Diebold to launch teller assist system

WITH the ATM market set to grow at 30 per cent annually, Diebold Systems has come out with strategic approach of segmentised marketing to improve its market share.

Its experiment with the introduction of Island ATM and offering of mobile ATM has helped it attain a market share of 30 per cent already.

Diebold will also be launching its teller assist systems in India that help bank tellers to electronically dispense cash at branches. All that the teller has to do is to punch in the amount required and the teller assist system dispenses the cash — in five denominations — as well as issues transaction reports. This product will be targeted at rural markets as well as corporates, said Mr Rajiv Singh, Managing Director of Diebold Systems India Pvt Ltd.

More Stories on : Information Technology | Market Shares

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Banks filing monthly reports on agri-lending

S&P upgrades India currency rating outlook

Ratings evoke mixed response

Diebold to launch teller assist system

Polaris, Indonesian bank settle row — Firm to pay $1 m; BAG to return software

Nucleus bags Philippines order

SBI kicks off fresh retail loan bait with Onam offer

MV Act: Officers of PSU insurers want level field

Securities rally; rupee firms up

Market stabilisation scheme turning costlier

`Borrowings well on schedule'

`Reintroduce RBI tax-free bonds'