Spain’s CaixaBank invests €500m in contactless cash machines

CaixaBank has signed an agreement worth €500m with Fujitsu to manufacture 8,500 cash machines fitted with contactless readers.

Spain’s CaixaBank invests €500m in contactless cash machines

Spain-based CaixaBank has signed an agreement worth €500m with Fujitsu to manufacture 8,500 cash machines fitted with contactless readers.

CaixaBank said that the machines will allow the bank to offer services developed for its new Punt Groc cashpoint model, such as contactless readers not only for cards, but also mobile phones and wearable devices. With the help of contactless technology, withdrawing cash becomes 30% faster than with conventional methods.

The new machines will also feature automatic banknote recognition and recycling units, improving cash availability at the cashpoints and streamlining the manual paper money loading process.

CaixaBank said that its new cashpoint model, Punt Groc, will have dual screen layout, one to handle transactions and the other to provide operational and sales support. The network also features advanced banknote recognition and direct cheque deposit technologies.

The new CaixaBank machines also feature the latest advances in accessibility, including improvements that the bank has developed within the framework of the APSIS4all project, financed by the European Commission.

The new accessibility solution for the bank’s cashpoints offers support functionalities for the elderly, the disabled, and users with little to no experience in using electronic devices.

The support tools include an avatar who uses sign language, high-contrast screens, large-sized text and buttons, a screen reader and keyboard browsing; all options that improve user experience with the terminal and that can prove especially useful for disabled people.