Tieto announced the launch of the international money transfer and cash-in service through ATMs in the Russian processing center, Dzetta. The new money transfer service will be based on the Card Suite Solution, which adheres to the MasterCard MoneySend requirements. The cash function will be based on the Card Suite Cash-in, which will enable cash deposits onto bankcards and accounts through an ATM. The solution aims to add customer value by allowing money transfers regardless of time and place.
The new services will be offered to Dzetta’s customers in addition to cardholders belonging to other organizations. Tieto’s solution is accessible through a range of channels, namely the ATM, Internet banks and in-branch terminals.
Maris Ozolins, director of cards at Tieto, commented in a press release, “The popularity and demand for services based on payment cards is growing, as both technology and customer awareness about the advantages of payment card usage are developing. One of the best ways to reach out to these customers is to reach out through the channels available for them. Instead of making cardholders go to the bank, we conveniently bring the bank to them.”
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