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Delta Power Solutions and Mphasis Partner to Contribute to ATM Industry

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Original Press Release

Delta Power Solutions and Mphasis Partner to Contribute to ATM Industry

Press release date: February 24, 2014

Mphasis has announced its strategic partnership with Delta Power Solutions to bring sustainable innovation across the ATM industry. The partnership for the ATM Security Solutions will enable Mphasis offer the most comprehensive single-window solution for e-surveillance integrated power efficient solutions to service the ATM businesses in India.

In the area of e-surveillance of ATM sites and path-breaking innovation in power optimization solutions, the alliance with Delta Power Solutions will help Mphasis develop an intelligent solution that can provide a single user interface for a 360-degree view of an ATM and ATM site. It will also help Mphasis address a suite of customer-centric offerings for safety and security that include theft prevention, theft deterrent, real-time alarms in criminal tracking, reduction in overall energy cost spend at ATM sites and proactive maintenance to ensure higher uptime.

"Through this partnership, we aim to deliver 'All-in-one solution' to meet the exponential growth in the ATM density meeting the underlying need of security & reducing the operational expenditure," said Puneet Bhirani, Executive Vice-President & Head, Mphasis Payment Managed Services. "The cost of sustaining a profitable ATM channel seems to be a burgeoning challenge for most banks due to recurring components. Mphasis and Delta aim to bring together unparalleled synergies to overcome the current industry challenges," he added.

"We, at Delta, are excited by the enormous opportunity that we have at hand to deploy our digital surveillance and energy optimization technologies to improve the financial infrastructure in this country. Mphasis provides us the platform to embed this unique value proposition with their innovative Payment Managed Services engine enabling Financial Inclusion in the country," said Dalip Sharma, Managing Director, Delta India Electronics.

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