Vodafone has revealed that its FTTH network in Portugal is being used to power over 7,000 cash machines belonging to financial services firm Multibanco.
Multibanco is an interbank network and a division of Sociedade Interbancária de Serviços (SIBS), which runs the country’s ATM and payment network.
The company signed up Vodafone to overhaul its existing ATM off-premises communication network, which generates 80 million operations a month.
The company is something of a leader-in-the-field as far as ATMs are concerned. They enable users to top up mobile pay as you go services, pay taxes or tolls, as well as buy transport tickets and manage utility bills.
In addition to connecting the ATMs, Vodafone will link the various data centres responsible for processing all the transactions.
The operator’s fibre network is available to 2.3 million homes and businesses in Portugal.
Vodafone Portugal CEO Mário Vaz said: “We have invested significantly and will continue to invest in forward-looking technology that can power a successful economy of the future.
“The complex high-performance network that underpins the next-generation ATM is possible due to a combination of Vodafone’s security and resilience capabilities and our ultrafast networks, one of the most advanced in Europe.”
SIBS Chief Executive Officer Madalena Cascais Tomé added: “Portugal has one of the most advanced and complete payment systems in the world, with an ATM network with the highest number of machines per capita and which are capable of performing more than 60 different operations.
“With this new partner we are able to evolve communications technology in order to improve the level of service that Multibanco already offers.”