Indian Bank pacts with NCR Corp for e-ticket

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New Delhi, Dec 3 (UNI) State-run Indian Bank today said it has partnered with NCR Corporation, engaged in design and deployment of Portable ATM centres for many Indian banks, for launching its first e-ticket kiosk and Portable ATM centre.

The ATM, to be installed at the Egmore Railway Station in Chennai, will mark the bank's 500th ATM deployment as it continues to expand its reach across the country, a statement said.

In order to support the bank's expansion plans to tap the unbanked rural sector and millions of individuals who commute by trains, NCR will install and deploy its Personas ATMs at 156 locations identified by Indian bank on a turnkey basis, of which 51 units will be deployed at railway stations, it added.

''We have been the pioneers in bringing the best banking technology in India and this unique deployment of e-ticketing kiosk and Portable ATM Centre at a railway station is yet another step in this direction,'' Indian Bank Chairman and Managing Director M S Sundara Rajan said.

The Portable ATM centre, identified as a preferred option by banks in India, ensures faster roll-outs and can be deployed at any unconventional location to support the objective of 'Inclusion Banking', thereby expanding reach and tapping new customers.

NCR Corporation is a technology company specialising in products for the retail and financial sectors.


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