With this project, Wincor Nixdorf will significantly expand its position in Latin America. The region’s banking industry offers great potential to Wincor Nixdorf as banks in Latin American are increasingly expanding their ATM networks or replacing old devices.
Banco Santander Santiago has a goal to expand its network of ATMs and to automate the cash processes in its branches. The bank intends to successively reduce the high number of cash transactions that still take place at teller windows. Through the increased implementation of self-service systems, Banco Santander Santiago’s customers will be able to carry out cash transactions in all of the bank’s branches around the clock.
A special feature of this project is that all the ATMs are equipped with contactless card readers. Users of public transportation can load their ‘transantiago’ cards at the bank’s ATMs and use them to pay for subway and bus travel.
Currently, in Chile there are three types of cards that can be loaded contactlessly to pay for public transportation: non-personalized cards that anyone can load or use, personalized cards that are imprinted with the user’s identity card number and bank customer cards featuring both a magnetic strip and a chip for contactless loading.