Mahindra Comviva, Wincor Nixdorf set to enable NFC, QR Code-based transactions at ATMs

BENGALURU: Tech Mahindra’s subsidiary and mobility solutions provider Mahindra Comviva and Germany-headquartered Wincor Nixdorf have collaborated to provide and enable seamless transaction experience at the ATM. With the advent of this new solution, consumers using mobile wallets powered by Mahindra Comviva’s mobiquity Wallet will be able to withdraw cash and top up their mobile wallets at the ATM by simply scanning or presenting a QR code or by using their NFC-enabled mobile device.

The solution will be presented at this year’s Mobile World Congress, showcasing how innovative ATM solutions can be integrated seamlessly into the mobile payments ecosystems. This solution is an ideal example of how electronic and cash payment transactions can be combined perfectly with each other and will extend the benefits of HCE beyond the retail store.

Commenting on the partnership, Srinivas Nidugondi, Senior VP and Head of Mobile Financial Solutions at Mahindra Comviva, said, “We are continuously innovating to ensure that the consumers get a seamless transaction experience. Collaboration with Wincor Nixdorf will help in boosting our consumer focus by enabling mobile wallet transactions at the ATM using new age technologies like NFC and QR code. The NFC offering will ride on our mobiquity Wallet’s HCE rails to enable secure communication between the consumer’s phone and the ATM through a token based transaction. Our cooperation with Wincor Nixdorf is significant, because ATMs have been proven to be a secure, reliable and highly automated service channel.”

Hermann Salmen, Head of Mobile Financial Solutions at Wincor Nixdorf said, “ATM networks as a sales and service channel will play an increasing role in the mobile wallet strategy of providers to deliver an omni-channel-experience and higher security in interacting with their customers.” He further added, “With standardized interfaces, such as the Open Wallet Interface for mobile wallet solutions, we make integration easier and support mobile wallet providers with extensive services ─ from installation to operation of complete ATM networks.”

The release indicated that Wincor Nixdorf offers an extensive server/client-based solution for the self-service channel with a vendor-neutral, open interface, the Open Wallet Interface. Mahindra Comviva supports Wincor Nixdorf’s Open Wallet Interface in order to enable mobile wallet users to make withdrawals and deposits at ATMs with their cell phone. Users can steer their own ATM transactions via mobiquity Wallet from Mahindra Comviva, which meet NFC (HCE) and QR code standards, and save time at the ATM by mobile prestaging of their cash transactions.