Mumbai, Maharashtra, India:Diebold, Incorporated (NYSE: DBD) today announced the launch of the world’s first intelligent-powered automated teller machine (ATM), the Diebold 429. This machine is specifically designed to meet the increasing demand for a robust self-service terminal in urban and rural areas of India. Built with a unique intelligent power management system, it automatically switches between three possible power sources (solar panel, alternating current (AC) grid and internal battery), maximizing terminal uptime, lowering total cost of ownership and delivering unprecedented convenience to consumers.
By utilizing alternative power sources, such as solar panels and an AC grid, the Diebold 429 is highly efficient, consuming approximately 40 percent less energy than the previous generation of cash dispensers available in the Indian market. In addition, the self-service terminal has an integrated four-hour battery backup for enhanced ATM reliability.
The Diebold 429 offers superior transaction opportunities, equipped with an optional single-note acceptor (SNA) that enables small-volume currency deposits and bill payments at the ATM, improving speed and convenience for the consumers. With its unmatched set of security features—including Europay, MasterCard and Visaή (EMV) card reader, biometric technology and provision for dual security cameras—Diebold 429 helps combat global card fraud and digital security threats while complying with the latest National Payments Corporation of India (NPCI) regulatory requirements.
“The Diebold 429 ATM is especially designed to meet the growing demand for the expansion of banking services in India,” said Wico van Genderen, vice president, Diebold Asia Pacific. “This new terminal will enable financial institutions to deploy ATMs across a wide range of rural and urban locations that could not previously be reached due to economic or technical constraints. This ATM will meet the needs of many deployers in India and other emerging economies globally facing similar challenges, while also enhancing security, functionalities and availability to the end users.”
Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs approximately 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in the Canton, Ohio region, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's website at www.diebold.com
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About Diebold India
Diebold India is a wholly-owned subsidiary of Diebold Incorporated and is headquartered in Mumbai, India, with an infrastructure supporting more than 780 locations across the country. A leader in managed services for ATMs in India, Diebold provides services 24 hours a day, seven days a week to more than 30,000 ATMs in the country. For more information, visit the company's website at www.dieboldindia.com
Kelly Piero, Media Relations, Diebold Systems Pvt. Ltd., +1 330 490-3741