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Cash recycling ATMs introduced

Press Release Published July 22, 2022
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KARACHI: Pakistan’s first cash recycling ATMs have been introduced under an agreement between Allied Bank Ltd and Rayyanco Business Systems.

The cash recycling ATM, approved by the State Bank of Pakistan, accepts cash deposits by customers, instantly sorts it and authenticates it for disbursement to other customers. A customer will be able to deposit up to Rs1 million in one go any time from any ABL cash recycler.

Published in Dawn, July 22nd, 2022

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