At the beginning of June 2018 we saw one of the major flaws in the vision for a cashless society . IT failure led to millions of card payments being declined across the UK. Cash – the most universal, reliable form of payment – was the go-to solution for many.
by Tom Pierce, Chief Marketing Officer, Cardtronics A long time ago, 50 years to be exact, a bank installed the first-ever ATM. For the better part of the next quarter century, when a person used an ATM, it was operated by a financial institution. Eventually, times changed and independent deployers joined banks in having the […]
Cardtronics plc (Nasdaq: CATM) announced on Tuesday, 31 January 2017, that it has closed on the acquisition of Spark ATM Systems Proprietary Limited – a move that marks Cardtronics’ entry into the South African market. Privately held and headquartered in Cape Town, Spark ATM Systems is a fast-growing independent ATM deployer (“IAD”) in South Africa, […]
Every so often a company destined to shake a sector out of its comfort zone roars onto the scene. Capitec, once an insignificant microlender, has done just that in retail banking, rising to become a JSE top 40 company in its 14-year history. Capitec Bank rising to become a JSE top 40 company in its […]
The Challenge – Spark ATM Systems installs and manages merchant-loaded ATMs in convenience locations across South Africa. Why Spark ATM switched to mobile to delight their customers
“It already had nearly 40 cash machines installed inside shops, food courts and filling stations.” SOUTH Africa’s Spark ATM Systems is targeting expansion into five other African countries in the next three years after successfully growing in Zimbabwe, where it has rolled out in-store cash machines. In Zimbabwe, the company has plans to have about […]
Since 2005 Spark ATM has grown to be South Africa’s leading independent ATM network, with over 2,500 cash machines in some of the country’s most remote areas – all built on the basis of a uniquely lean, low-cost business model that has enabled it to put ATMs where nobody else can. Metacom enables SA’s leading […]
11 September 2014 – Spark Atm Systems Awarded International Certificate for Atm Operators in the Africa and the Middle East
The ATM Industry Association has announced that the first African ATM operator has been internationally certified for the industry’s professional online ATM operational training. Spark ATM Systems Awarded International Certificate for ATM Operators in the Africa and the Middle East
SA RETAILERS have been in spatial expansion mode for more than 10 years, with no sign of their race for space slowing. It is a trend Evan Walker of 36One Asset Management believes has negative implications for retail share investors and consumers. SA retailers aim for under-serviced communities
If October’s poor retail trade sales are anything to go by, a bleak Christmas trading period lies ahead as household budgets remain under strain and South African consumers continue to tighten their belts. Poor October sales offer little festive cheer for SA retailers
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Spark Cash Index
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