NCR has entered into a five-year technology service contract with People’s Bank of China (PBOC) Shanghai Automatic Clearing Centre, to offer on-site support and maintenance services for its intra-city cheque clearing systems.
The new agreement will ensure precise and timely completion of the average daily clearing of 100,000 cheques by PBOC, which is one of the largest intra-city cheque clearing centers in the country.
Equipped with five units of NCR E1700 imaging transports for intra-city cheque clearing, the centre also uses two units of NCR iTRAN ImageTrac III color imaging transports for cheque inward service for commercial banks and multi-size voucher processing.
NCR has installed, tested and have been maintaining both systems since 2005 and 2007, respectively.
Under the terms of the new agreement, NCR will offer professional technical on-site support during the daily clearing hours as well as a 24-hour hardware replacement services.
Shanghai Automatic Clearing Centre director Wu Keyi said that the company will continue relying on NCR for its services support, as it has strong expertise for building and maintaining cheque clearing systems.
Many Chinese financial firms including Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications, rely on NCR’s payment technologies.
Headquartered in Duluth, Georgia, NCR provides self-service technologies to address the needs of retail, financial, travel, hospitality, gaming and public sector, among others in over 100 nations, worldwide.