Céska Sporitelna, the Czech
Republic-based subsidiary of Erste, has launched a self-service
terminal for cashless payments.

The device can scan a money order or a payment
order form and read information directly from a bar code on a

The terminals have been installed at a number
of branches as part of a pilot to allow customers to process
payment orders.

Transaction terminals feature a total of eight
functions and in addition to making payment orders, clients can
recharge mobile phone credit, change a PIN on a card, and obtain an
account balance

“Transaction terminals represent a new
generation of cashless payments, both in terms of the unusually
fast processing of the payments and in terms of security, as the
client identifies himself with his payment card and by entering his
PIN before making the transaction,” said Miloslav Krecan, director
of Céska Sporitelna’s Card Centre.