News

Self-serve banking kiosk takes the stage at Vegas expo

October 24, 2012

At the Money2020 Expo in Las Vegas yesterday, Nexxo Financial Corp. demoed its K3000 self-serve kiosk that offers a full suite of financial services, according to a press release. 

With the K3000, customers can complete multiple transactions including cashing checks, buying money orders, loading prepaid cards, paying bills, withdrawing cash and sending money, the announcement said. If consumers need assistance, they can call for live customer care from the kiosk phone.

Nexxo's technology captures consumers' profiles and transaction history, giving retailers the ability to build loyalty and target promotions and pricing to expand usage of the full suite of transactions. 

"Given the fee compression programs like Chase Liquid and Amex Bluebird are creating, self-serve technology — including self-serve kiosk technology — is essential to cost effectively delivering these services and maintaining profitability," said Nexxo Financial CEO David Alvarez, in the announcement.

Read more about bill payment kiosks.