kal logo mobile

  • Home
  • Newsletter
  • Careers
  • Contact

Encash expands access to financial services with KAL’s RTM

Encash is delivering financial transactions and expanding access to financial services to previously unserved customers in new markets across the Philippines with KAL’s RTM.

With local banks absent in over a third of Filipino towns, the RTM allows Encash to now provide ATM transaction services to previously unserved areas. RTM’s innovative approach of printing secure tickets for the customer to exchange for cash from the retailer sidesteps the logistical challenges and high costs banks face in providing access to ATMs in remote areas.

The RTM can be used in any location where cash is already present (eg supermarkets, hotels, post-offices, etc), engaging new types of partners and new opportunities for ATM deployers.

Encash sales and marketing director Marga Estebanlar was joined by KAL CEO Aravinda Korala at the recent South East Asia ATMs event to present details and case study examples of this unique new venture. You can watch the presentation video here.

The presentation shows how innovation can bring previously inaccessible ATM market opportunities within reach. Using the RTM, Encash was able to enter sectors unserved by any ATM deployer in the Philippines.

The RTM is another example of the ATM industry’s unique contribution to global growth through the increased use of self-service to deliver secure financial transactions to an increasing portion of the globe.

For more on the RTM click here.


FaLang translation system by Faboba

Upcoming Events

CIFTEE, Beijing, Aug 23-26

KAL is exhibiting its Retail Teller Machine at the China International Exhibition on Financial Banking Technology and Equipment (CIFTEE), being...

ATMIA Asia Pacific Industry Summit, Sydney, Sept 12-13

KAL Sales Manager Geoff Adams is speaking at this upcoming event about the rapidly changing face of banking and the...

ScotSoft, Edinburgh, September 27

KAL is attending ScotSoft 2018, billed as “the premier Scottish digital technology event, bringing insight, inspiration and thought leadership”. This...

ATM & Cyber Security 2018, London, Oct 9-10

KAL will be exhibiting on booth No.7 at RBR’s world-leading conference focused on physical and logical ATM security. Our experts...

ATM & Payments Innovation Summit, Madrid, Oct 17-19

KAL is giving a presentation on the ATM and cash innovation at this ATMIA Europe event where this year’s theme...

10th International PLUS-Forum, Moscow, Nov 14-15

KAL will be presenting and exhibiting at the PLUS-Forum Cash Circulation and Self-Service Banking and Retail 2018 conference. Delegates are...

Trustech 2018, Cannes, Nov 27-29

KAL is exhibiting at this annual international conference, described as ‘the main event for trust digital technologies’. It takes place...

US Conference 2019, Orlando, Feb 19-21

KAL will be exhibiting at the 20th ATMIA US Conference, which is taking as its theme ‘ATMs & Apps: the...

News Archive