Expansion of Partnership
Diebold Nixdorf (NYSE: DBD) has announced a significant extension of its partnership with Geldmaat, a consumer financial provider based in the Netherlands. This collaboration aims to improve the accessibility of cash services, reinforcing Geldmaat's commitment to accessible solutions across the country.
Overview of the Partnership
Under the newly extended agreement, Diebold Nixdorf will deliver long-term managed services for over 1,800 ATMs and cash systems in the Dutch market. These services include comprehensive helpdesk support, monitoring, as well as extensive maintenance and repair services. By ensuring the availability, reliability, and efficiency of these ATMs, the partnership seeks to enhance consumer interaction with cash services.
The move comes as the demand for robust cash management solutions continues to grow, especially amidst the backdrop of increasing digital banking. The reliability of ATM services is critical to the operations of Geldmaat, which emphasizes the importance of accessible services for everyone, focusing particularly on vulnerable consumer groups, including those with visual impairments and limited digital literacy.
Technological Advancements
Diebold Nixdorf is at the forefront of cash technology, providing advanced ATMs that incorporate complete cash recycling solutions. This technology maximizes the availability of cash for consumers and optimizes operational efficiency. In addition to the vast network of off-site ATMs, Geldmaat also operates retail locations where all cash-related services are available, ensuring a blend of convenience and safety.
New DN Series cash recycling ATMs will be rolled out as part of this initiative. These machines are designed to enhance user experience, offering modern and user-friendly services while also improving operational efficiencies associated with the managed services contract.
Company Statements
Peggy Corstens, CEO of Geldmaat, voiced her enthusiasm for the expansion of their collaboration with Diebold Nixdorf. She stated, "Collaboration is at the heart of our organization, and extending our partnership will help us continue to provide reliable cash services to all consumers."
Likewise, Joe Myers, Executive Vice President of Global Banking at Diebold Nixdorf, expressed pride in the long-term relationship with Geldmaat. He stated, "Helping our clients achieve their strategic goals is essential to what we do. We are excited to expand our partnership with Geldmaat through our managed services solutions. The DN Series ATMs will further add value and innovation for both Geldmaat and its consumers."
About Geldmaat
Geldmaat b.v. was initiated by three major banks in the Netherlands and operates nearly 5,000 ATMs across the country. These ATMs facilitate both cash withdrawals and deposits of banknotes and coins, serving cardholders from almost every bank in the Netherlands and worldwide. With customers conducting nearly 150 million transactions annually amounting to a total of €30 billion, Geldmaat plays a crucial role in the Dutch cash payment landscape.
For more information, visit
Geldmaat.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated, partners with a majority of the world’s top 100 financial institutions and top 25 global retailers. The company integrates digital and physical channels, ensuring convenient, safe, and efficient services for millions of consumers daily. With a presence in over 100 countries and approximately 21,000 employees worldwide, Diebold Nixdorf continues transforming the way the world banks and shops. For more information, visit
Diebold Nixdorf.