Wincor Nixdorf targets Brazil retail banking market
Wincor Nixdorf is expanding its operation in Brazil through local partnership with Perto
ATM maker Wincor Nixdorf is to expand its ATM business in Brazil, following a deal with Brazilian hardware company Perto. The deal comes as the BRIC market expands its retail banking infrastructure to serve the growing middle class of Brazilian society.
Under the deal, the Brazilian company will handle the configuration and final production of Wincor Nixdorf ATMs destined for the Brazilian market. The two companies are also working together on ways to reinvent branch-based banking using ATMs for the future. “In working together, we will be able to improve substantially both our delivery times and our channels of supply for customers in Brazil,” said Eckard Heidloff, chief executive and president of Wincor Nixdorf.
Headquartered in Gravatai, Rio Grande do Sul, Perto specialises in automation technology and IT services for banks and retailers, including self-service terminals and payment systems. Wincor Nixdorf will still supply all requisite core components and provide technical support. At the same time, the German company will assure compliance with its quality standards. Perto will also source Wincor Nixdorf’s cash recycling technology on the basis of an OEM agreement and integrate it within its own systems.
“The results of initial customer projects have shown that Brazilian banks are increasingly becoming more receptive to cash recycling, as it offers greater process efficiency and security,” said Thomas Elbling, chief executive of Perto. “Perto’s level of integration and presence in Brazil, complemented by the cash recycling expertise of Wincor Nixdorf, is a winning combination when it comes to establishing a strong market position in this field.”
“Given the tremendous pressure on costs, we are seeing a global trend towards general standards in application software associated with ATMs, together with a departure from proprietary, bank-specific solutions,” added Heidloff.
Brazil currently has an estimated 160,000 ATMs installed across the country.
