LAHORE: ABL being the leading bank has heavily invested in new-age technologies. In order to further enhance banking experience of our valued customer, Allied Bank and Rayyanco Business Systems have entered into a strategic partnership and introduced Pakistan’s First Cash Recycling ATMs which are duly approved by State Bank of Pakistan.

Cash Recycling ATMs accepts cash deposits by customers, instantly sort & authenticate it for disbursement to other customers thus making cash management quick and automatic.

Inauguration ceremony was held at Allied Bank’s Head Office, Lahore, and was attended by senior management of the collaborating parties. Speaking at the occasion, Sohail Aziz, Chief Digital Banking Group, Allied Bank, said, “ABL has a vision to become the digital banking leader in Pakistan by providing superior user experience that would meet the fast-evolving needs of its customers especially by introducing cutting edge technology solutions which helps in adoption of self-service banking. The recent addition of cash recyclers will provide improved customer experience as customer will be able to seamlessly deposit up to Rs 1,000,000 in one go anytime from any ABL Cash Recycler.

Muhammad Ashraf Ahmed, Chief Executive Officer of Rayyanco Business Systems said; “It is a great honor for Rayyanco Business Systems to introduce Hitachi Channel Solutions (HCS), a global leader of Cash Recycling ATM. We congratulate team ABL on this trendsetting initiative. The adoption of Hitachi Cash Recycling ATM will surely help ABL to enhance customer convenience and reduce operation cost.”

Copyright Business Recorder, 2022