Industry OverviewThe Indian ATM industry has witnessed rapid growth and
profound shift in consumer behavior in the past decade.
Driven by economic development, growing income
especially in the urban areas and transition from class
banking to mass banking, the Indian ATM industry is
growing and changing at an unprecedented pace.
Simultaneously, the future growth of ATM industry is
dependent on regulatory changes for financial inclusion,
increasing penetration and White labeled Automated Teller
Machines (ATMs).
The speed and scope of the change is breathtaking. The
ATM industry in India has grown at a CAGR of 26.8% in
the past six years. In order for financial institutions to
compete effectively and sustainably in this fast evolving
environment, NIIT Technologies has come up with a
comprehensive ATM service on Operational Expenditure
(OPEX) model. We are a one stop shop for ATM Services,
Card Services and ATM Machine.
www.cloud.niit-tech.com
ATMEasy Solution for Banking Services
Decrease branch operational costs by automating cash withdrawal, balance inquiry services
Reduce total cost of ownership by saving on utilities, maintenance and upgrades
Work at par with large private and public sector banksReduce time-to-market by saving customers to interact with multiple vendors
Improve customer service by providing flexibility to withdraw cash (through NFS network of more than 1 Lac ATMs) anytime, anywhere
ATMEasy SolutionNIIT Technologies offers end-to-end ATM Services to
Co-operative Banks. Our offerings include:
1. Electronic Financial Switching services
2. NFS gateways Services
3. Rupay Card Production and Management Services
4. ATM machines procurement and monitoring system
Co-operative Banks can use NIIT Technologies ATM Cloud
model to join National Financial Switch (NFS) network as a
sub-member via association with National Payments
Corporation of India (NPCI) approved Sponsor Bank.
Sponsor Bank, a member of NFS, ensures settlement of
ATM transactions through NFS.
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A leading IT solutions organization | 21 locations and 16 countries | 8000 professionals | Level 5 of SEI-CMMi, ver1.2 ISO 27001 certified | Level 5 of People CMM Framework
Europe SingaporeIndia Americas
Partner with NIIT Technologies to align your IT goals with your business objectives
Write to us at [email protected] www.niit-tech.com
NIIT Technologies Ltd.Corporate Heights (Tapasya)Plot No. 5, EFGH, Sector 126Noida-Greater Noida ExpresswayNoida – 201301, U.P., IndiaPh: + 91 120 7119100Fax: + 91 120 7119150
NIIT Technologies Inc.,1050 Crown Pointe Parkway5th Floor, Atlanta, GA 30338, USAPh: +1 770 551 9494Toll Free: +1 888 454 NIITFax: +1 770 551 9229
NIIT Technologies Limited2nd Floor, 47 Mark LaneLondon - EC3R 7QQ, U.K.Ph: +44 20 70020700Fax: +44 20 70020701
NIIT Technologies Pte. Limited31 Kaki Bukit Road 3#05-13 TechlinkSingapore 417818Ph: +65 68488300Fax: +65 68488322
ATM Cloud Model
NIIT Technologies provide EFT switch infrastructure, switching
services, NFS connectivity, Rupay Card Management
Services, and ATM Monitoring Services. This will be powered
by our association with Euronet Services India Private Limited,
a leader in Financial Transaction Processing Services. With our
infrastructure and services, Co-operative Banks’ customers
can use their ATM card to withdraw money from any of the
one lakh ATMs on the NFS network deployed by various
banks across India.
Business BenefitsFinancial institutions need new strategies, operating models
and capabilities that benefit their customers. With ATMEasy
they will be able to
• Decrease branch operational costs by automating cash
withdrawal, balance inquiry services at the ATM
• Reduce time-to-market by saving customers to interact with
multiple vendors
• Reduce total cost of ownership by saving on hardware and
software costs, power and other utilities, salaries, rent and
maintenance costs, and hardware and software upgrades.
Financial firms no longer have to worry about data centers,
back-up and recovery
• Improve customer service by providing flexibility to
withdraw cash (through NFS network of more than 1 Lac
ATMs across India.) anytime, anywhere
• Work at par with large private and public sector banks.
• Provide value added services such as utility bill payment,
mobile recharge etc
• Promote new products and schemes.
Why NIIT Technologies?• No interaction with multiple vendors required
• Follows OPEX model
• Transactions charged on actuals. No monthly minimum commitment charges
• Provides 24x7 support
• Provides best ATM machines
• Enables PCI-DSS compliant transactions.
BANK
CO-OP BANK CUSTOMER’S“RUPAY” ATM CARD
CashWithdrawal
Decline
Co-op. Bank’sLimit available?
No
No / Yes
Yes
NFS Manages & ControlsBank Limits
Customer’sA/c Balance? Co-op.
Bank’sBanking
Host
LiquidityManager
Co-op. Bank’s
NFS-MEMBER
BANK’S
EFT SWITCH
NATIONAL
FINANCIAL
SWITCH (NFS)
ASP’S
EFT SWITCH
NFS-MEMBERBANK’S
ATMDecline
/Approve
Decline
Decline/Approve
Decline/Approve
RuPay