Today, the Westpac Group has become the first financial institution in Australia/New Zealand to go live with NCR's scalable deposit module (SDM) for NCR SelfServ ATMs.
Fitted with SDM, NCR SelfServ is the world's only ATM that has the capability to accept, count and process bank notes and cheques simultaneously in one transaction, slashing deposit times for consumers.
Mixed cash and cheques are inserted into a single slot in any orientation and in any order; a typical mixed deposit takes less than 60 seconds.
The SDM device is a key part of the Westpac Group's customer experience model, providing its customers with convenient, quick and easy access to make deposits at any time, as well as supporting the Westpac Group's transaction migration strategy.