Brief: NCR wins Venezuelan cash machine contract

Venezuela's Banco Mercantil has signed a $5.6 million deal with NCR specifying the installation of 428 Personas ATMs and ongoing maintenance of its national cash machine network.

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Brief: NCR wins Venezuelan cash machine contract

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The rollout is expected to be completed by July 2002, with the US-based terminal provider also contracted to maintain the bank's existing 700 ATM base, including 300 non-NCR terminals.

The move follows a previous deal signed by the bank in 1998 with Summa Sistemas, NCR's distributor in Venezuela, to maintain its ATM installations from 1999 to 2000.

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