A 3rd party processing agreement with Bidvest Bank in South Africa linked our ecosystem directly into Visa and BankservAfrica. This paved the way for our bank outsource offering for Bidvest Bank branded ATMs in branches and off-premise locations.
Partnering with Mercantile Bank in South Africa also enabled ATM Solutions to reach a milestone of 2 000 ATM installations across South Africa.
Once again, Triton acknowledged ATM Solutions with the “Triton International Distributor of the year” award.
Ethos Private Equity saw potential in the group and took a minority equity stake in the business.
We launched South Africa’s first independent merchant acquiring business, EFTPOS, offering card acceptance to SMMEs in South Africa in partnership with our long-term partner, Absa Bank.
DrawCard introduced its first Visa branded prepaid cards through a BIN sponsorship agreement with Bidvest Bank.