Nigeria's Intercontinental Bank has contracted with US-based NCR for the supply of 400 cash machines and ATM software.
Under the terms of the deal NCR will provide the bank with 400 of its Personas M Series ATMs, along with its Aptra multi-vendor software and Intelligent Deposit technology.
NCR will also manage Intercontinental's multivendor ATM network, while providing complete installation services, including site selection and training for bank employees. In addition, the offer includes the adoption of NCR's self-service remote ATM management technology, Gasper, which delivers up-to-the minute fault alerts.
Commenting on the deal, Olayinka Adebiyi, executive director of strategy and finance for Intercontinental Bank, says NCR "presented a comprehensive service and training plan that ensures our multivendor ATM network is available whenever our customers need access".
NCR says the contract is its latest and largest ATM order to date within Sub-Saharan Africa. The vendor reported a deal with Nigeria's United Bank for Africa (UBA) in January for 350 ATMs.