NCR Corporation has inked a strategic alliance agreement with Huntington Technology Finance to provide lease financing for NCR ATMs, including ‘ATM-as-a-Service’ type options, for financial institutions.
The relationship gives financial organizations the convenience and flexibility of a single, monthly payment for their NCR equipment, deployment, service, administration and software.
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It also allows organisations to streamline approval and documentation process, as well phase out end-of-life costs such as product disposal.
The agreement also enables financial firms to consolidate NCR software, hardware and services contracts into single monthly operating expense.
The service will be available for US-based financial institutions, including multi-national organisations.
NCR remote services management director Gordon Fraser said: "With financial institutions facing significant pressure on CAPEX spends, we’re seeing banks around the world migrating to an ‘ATM-as-a-Service’ model.
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By GlobalData"Through our new relationship with Huntington, financial institutions can continue to leverage NCR omni-channel technology to grow revenue, operate more efficiently, and improve their customer experience with a flexible, operating expense model."
