– as bank expands digital offerings with payment solutions
Scotiabank has expanded its digital offerings by using its proprietary application technology to assist clients in elevating their retail shopping experience through self-checkout and cashless kiosks.
Clients can now accept and process payments through self-check and kiosk services. This payment solution provides clients with seamless, self-sufficient technology that allows their fund collections to be credited to accounts in 24 hours. Scotiabank is the only bank locally to have invested in its proprietary digital application.
Self-checkout kiosks offer speed and convenience and allow shoppers an enhanced shopping experience by scanning and bagging their items themselves, bypassing traditional cashier lines, and reducing waiting times.
The banking facility offers two solutions from which clients can choose the option that works best for them. The solutions are that clients can utilise Scotiabank’s proprietary application for full integration of services or the bank can partner with a 3rd party Fintech to provide the acquiring services.
“This new offering forms part of our commitment to providing clients secure, fast and more convenient solutions, through innovative use of technology. We are pleased to be able to provide clients with a fully connected payment ecosystem to quickly reconcile payments and streamline information reporting. Furthermore, this adoption of technology redefines the Guyana shopping experience in bringing faster, better service to those who want it,” Country Manager, Scotiabank Guyana, Nafeeza Gaffoor stated.
Scotiabank continues to make progress against its digital agenda. Most recently the Scotia Caribbean App – a redesigned and enhanced way to bank 24/7 from mobile devices was launched. It boasts enhanced security and accessibility features that no other bank in the local market offers – biometric sign-in, through fingerprint and face recognition.
This came on the heels of upgrades to its online banking platform – Scotia OnLine, which now offers clients enhanced security. The Bank is also incorporating digital advancements into its ATM functionalities, with upgrades coming soon, along with an expanded ATM footprint.