Wincor Nixdorf Sells Payment Systems To Petrol Chain

By Wincor Nixdorf

Published March 12, 2009, 1:00 a.m. EDT

|

Updated March 12, 2009, 12:00 a.m. EDT

1 Min Read

IMGCAP(1)]

Processing Content

Wincor Nixdorf AG has signed a deal to provide 1,320 point-of-sale systems to service stations in Portugal and Spain, the Germany-based ATM vendor said Thursday. Wincor Nixdorf signed the deal with the Portugal-based Galp Energia Group. The group operates some 1,000 service stations in Portugal and Spain. Wincor Nixdorf also will sell to Galp software and back-office systems as part of the deal. Installation of the systems will start in the middle of the year and be complete by early 2010, Wincor Nixdorf says in a statement.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Tokenization

BMO, UK's Monument Bank join the tokenized deposit train

Bank of Montreal has introduced a tokenized cash and deposit platform, while the London-based Monument is partnering with the Midnight Foundation's distributed ledger. Also, Starling Bank's AI play, stablecoins gain ground in APAC and Africa and more in the American Banker global payments and fintech roundup.

By John Adams and Joey Pizzolato

4h ago
Deposit insurance

House gives deposit insurance reform another try

In a new legislative package offered Wednesday, House lawmakers halved the deposit insurance limit offered in earlier deposit insurance reform bills coming from the Senate.

By Claire Williams
Reporter

4h ago
Politics and policy

Stablecoin yield language unloved by banks and crypto alike

Draft legislative language meant to break an impasse on stablecoin yield circulating among stakeholders includes a lengthy list of exceptions to a ban on rewards for stablecoin holdings, making it unlikely to satisfy banks as negotiations continue.

By Claire Williams
Reporter

4h ago
FSOC

FSOC guidance sets 'very high' bar for nonbank designation

The Financial Stability Oversight Council Wednesday published a proposed guidance focused on designating activities rather than individual firms for heightened prudential standards, making it more difficult for the council to designate firms going forward.

By Ebrima Santos Sanneh
Reporter

4h ago
Commercial banking

Zions' latest deal will boost its multifamily business

The Salt Lake City-based regional bank plans to grow its multifamily lending business by acquiring the agency lending business of a commercial real estate investment group. If the deal is approved, Zions would join a short list of banks that can underwrite and close multifamily loans on behalf of Fannie Mae and Freddie Mac.

By Allissa Kline
Staff Writer

5h ago
Digital banking

How Revolut plans to go 'head to head' with US banks

2025 was Revolut's fifth consecutive year of net profitability. This year, the neobank has its sights set on expanding in the U.S., a key pillar of its global footprint.

By Joey Pizzolato
Reporter

6h ago