November 2, 2021
Maya Labs, a social initiative technology company that provides self-serve financial services infrastructure for underserved communities in the U.S. and abroad, announced a strategic services partnership with Burroughs, an independent services provider for full lifecycle management of cash automation, self-service, IoT and other field deployed technology, according to a press release.
The partnership enables deployment of consumer financial services via Maya's self-service "smart ATM" using a device-as-a-service subscription model.
The solution features Maya's smart ATM platform with apps including remittance, check-cashing, ATM, bill pay, cellular reload and more for cash paying consumers with a predictable monthly rate.
The DaaS model eliminates up-front and maintenance-related capital expenses, enabling immediate return on investment with 24/7 access.