Mphasis, Delta Power Solutions to contribute to ATM industry

MUMBAI, INDIA: Mphasis has announced its strategic partnership with Delta Power Solutions to bring sustainable innovation across the ATM industry. The partnership for the ATM Security Solutions will enable Mphasis offer the most comprehensive single-window solution for e-surveillance and integrated power efficient solutions to service the ATM businesses in India.

"In the area of e-surveillance of ATM sites and path breaking innovation in power optimisation solutions, the alliance with Delta Power Solutions will help the company develop an intelligent solution that can provide a single user interface for a 360 degree view of an ATM and ATM site," Mphasis said.

"Through this partnership, we aim to deliver ‘All-in-one solution' to meet the exponential growth in the ATM density meeting the underlying need of security & reducing the operational expenditure. The cost of sustaining a profitable ATM channel seems to be a burgeoning challenge for most banks due to recurring components. Mphasis and Delta aim to bring together unparalleled synergies to overcome the current industry challenges," said Puneet Bhirani, executive VP and Head, Mphasis Payment Managed Services.

Dalip Sharma, MD, Delta India Electronics, said: "We, at Delta, are excited by the enormous opportunity that we have at hand to deploy our digital surveillance and energy optimization technologies to improve the financial infrastructure in this country. Mphasis provides us the platform to embed this unique value proposition with their innovative Payment Managed Services engine enabling Financial Inclusion in the country."