AGS Transact Technologies has won order of Rs 1,100 crore over 7 years for deploying 2,500+ ATMs under Outsourced/Managed Services portfolio from the State Bank of India (SBI), India’s largest PSU bank. AGS Transact will deploy these ATMs on a Transaction fee basis under the Total Outsourcing Model. The company will begin the deployment of these new ATMs in the next calendar year. As of September 30, 2023, AGS Transact Technologies has installed, managed, or maintained 77,658 ATMs/CRMs across 2200 cities and towns in India.
AGS Transact Technologies operate its business in Payment Solutions; Banking Automation Solutions; and other Automation Solutions (for customers in the retail, petroleum and colour sectors) segments.
