Clip to Showcase Next-Gen ATM Solution with Strategic Partner NCR Atleos at 2024 ATMIA Conference in Las Vegas
16 February 2024 - 12:00AM
Clip Money, Inc. (“Clip”) (TSXV:CLIP) (OTCQB:CLPMF), a company that
operates a multi-bank self-service deposit system for businesses,
is pleased to announce its participation in the 2024 ATM Industry
Association (ATMIA) Conference, taking place February 14-16 in Las
Vegas, Nevada. This year's conference marks a significant 25th
anniversary, celebrating education, advocacy, and networking within
the ATM industry.
Aligned with the conference's "Next-Gen ATMs" initiative, Clip
will showcase its pioneering business cash deposit solution in the
event exhibition booth of valued partner NCR Atleos, a leader in
expanding financial access for financial institutions, retailers
and consumers. This strategic partnership propels Clip's market
expansion while bolstering cash management offerings from NCR
Atleos for issuers and merchants.
NCR Atleos, as owner and operator of the world’s largest
independent ATM network, has partnered with Clip to incorporate
business cash deposits into thousands of existing NCR Atleos
cash-deposit ATMs in Q1 2024. This collaboration solidifies Clip’s
position as a leading non-bank business deposit network in the
U.S., opening doors for partnerships with financial institutions
seeking to optimize branch operations. The first transactions have
been completed in production and the solution is ready to support
opportunities.
Financial institution representatives seeking to tap into this
business deposit network and accelerate growth with commercial
clients are invited to visit Clip and NCR Atleos at ATMIA booth 501
for a tailored conversation and demonstration.
Retail store representatives are also encouraged to visit Clip
and NCR Atleos during ATMIA to explore how the solution can unlock
a smoother cash deposit experience for their employees while
creating transaction opportunities with local business owners
managing their own cash.
About Clip Money Inc.
Clip Money operates a multi-bank self-service deposit system for
businesses through its ClipDrop Boxes and ATMs that provides
businesses with the capability of making deposits outside of their
bank branch. Deposits can be made at top retailers and shopping
malls rather than having to go to a local bank branch or using a
cash pickup service. Clips conveniently located ClipDrops or Clip
enabled ATMs serve as cash deposit locations, facilitating next
business day credit into a business account. Clip combines
functional hardware, an intuitive user app and an innovative
cloud-based transaction engine that efficiently processes business
banking transactions. Clip Money offers a cost-effective and
convenient solution for business banking deposits across major
markets in Canada and the United States. For more information about
the Company, visit www.clipmoney.com.
Website: www.clipmoney.comLinkedIn:
https://www.linkedin.com/company/clipmoney
For further information, please contact:
Joseph ArrageChief Executive Officertel:
844-593-2547
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