HSBC's 169 ATMs to be linked through 'Cashnet

New Delhi, July 18 (UNI) Hong Kong and Shanghai Banking Corporation Ltd (HSBC) today said its 169 ATMs will now be a part of the Cashnet network, one of India's largest shared ATM networks owned and run by Euronet Services India Pvt Ltd.

Under this agreement, these ATMs will be linked through Cashnet, taking the total tally in India of shared network ATMs to more than 6040.

With this tie-up, more than one-fourth of the 22,000 ATMs across the country are connected to Cashnet.

''Cashnet welcomes HSBC on its state-of-the-art shared ATM network. With HSBC, Euronet's Cashnet make further inroads into the shared ATM service provider segment,'' Euronet Services India Pvt Ltd MD Loney Antony said.

HSBC follows Cashnet's premium league comprising Citibank, Centurion Bank of Punjab, Corporation Bank, Development Credit Bank, Deutsche Bank, Dena Bank, Dhanalakshmi Bank, IDBI Bank, ING Vysya Bank, HDFC Bank and UTI Bank.

Euronet Worldwide is an industry leader in providing secure electronic transaction solutions. The company offers outsourcing and consulting services, integrated EFT software, network gateways and electronic top-up services to financial institutions, mobile operators and retailers.

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