ATM-C is owned by eight of the leading Nigerian banks, namely
-
Afribank
- Diamond Bank
- Fidelity Bank
- First Bank
- UBA
- Union Bank
- Wema Bank
- Zenith Bank
- Accenture
ATM Consortium (ATMC), Nigeria's premier independent ATM Deployer (IAD) and operator of the Quickcash ATM Network was set up in 2004 with the sole mandate to deploy a network of 2000+ shared ATMs in non-bank locations across the country. Following expiration of the March 31, 2010 deadline set by the Central Bank of Nigeria (CBN) as regulators of the payment systems in the country directed all banks to withdraw their cash machines from off-site locations, ATM-C has been granted a most welcome opportunity to resume the building of its shared services business and QuickCash ATM network.
ATM Consortium (ATM-C), Nigeria’s premier Independent ATM Deployer (IAD) and operator of the QuickCash ATM network announced today that it has commenced in-house ATM transaction processing and monitoring on the newly acquired Postilion Front-End-Processor (FEP). By this development, ATM-C has achieved compliance with regulatory directives of the Central Bank of Nigeria (CBN) which jettisoned the outsourcing option adopted at the inception of the company. |
