New Delhi: Hitachi Payment Services has successfully concluded the acquisition of Writer Corporation's Cash Management Business. Following this, Anup Neogi has been appointed as the Managing Director and CEO of Hitachi Cash Management Services.
This strategic move aims to bolster Hitachi Payment Services' standing in the market, positioning it as a comprehensive provider of payment and commerce solutions. The acquisition is anticipated to reinforce its value proposition to both financial institutions and merchants.
With the addition of Hitachi Cash Management Services, the company will now offer ATM Cash Replenishment services for financial institutions and Retail Cash Management Services (RCM) for retail outlets.