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Lithuanian company to renew ATMs of Azerbaijani banks

Economy Materials 17 December 2021 14:15 (UTC +04:00)
Lithuanian company to renew ATMs of Azerbaijani banks

BAKU, Azerbaijan, Dec. 17

By Sadraddin Aghjayev - Trend:

The Lithuanian BS / 2 company will partially renew the grid of ATMs of Azerbaijani banks, commercial director of the company Kornelijus Sisla told Trend.

Sisla added that ATMs of Azerbaijani banks, which are about to expire, should be replaced.

“It is impossible to launch such digital solutions as reading QR codes, cashless money transfers and others on old equipment, so the ATMs need to be renewed,” he said.

Sisla stressed that today hundreds of such ATMs operate in Azerbaijan.

The commercial director added that BS / 2 thinks that the company will start to implement this initiative in the near future within the ATM development program of Azerbaijani banks.

“BS / 2, as the main player serving the Azerbaijani banks, will replace old ATMs with new ones having the Cash Recycling function (which allows to greatly reduce cash collection costs), a touch screen, near-field communication (NFC) function, a barcode scanner and other services required by modern banks,” Sisla said.

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