CR2 announces Absa's adoption of its multichannel solution for operations in Tanzania and Mozambique

CR2 LTD, the global provider of integrated self service banking solutions, has today announced that Absa, a member of the Barclays Group and one of the largest banks in South Africa, has licensed the company’s industry leading self service solution to drive its ATM and POS networks for operations in Tanzania and Mozambique.

Absa is rapidly expanding throughout Africa. The bank is reputed for its first to market, innovative product and service delivery. Absa’s decision to adopt CR2’s self service banking solution will greatly assist the bank in differentiating itself against competition and increase market share through a best of breed experience for Absa customers using ATM and POS channels in these countries.

Commenting on the agreement; Mr. Kieran Kilcullen, Director of Sales and Marketing said; “We welcome this significant contract with Absa, one of Africa’s top banks. This agreement further represents market recognition of our foremost position in self service banking solution innovation and delivery across Africa.”