“It already had nearly 40 cash machines installed inside shops, food courts and filling stations.” SOUTH Africa’s Spark ATM Systems is targeting expansion into five other African countries in the next three years after successfully growing in Zimbabwe, where it has rolled out in-store cash machines. In Zimbabwe, the company has plans to have about [...]
Since 2005 Spark ATM has grown to be South Africa’s leading independent ATM network, with over 2,500 cash machines in some of the country’s most remote areas – all built on the basis of a uniquely lean, low-cost business model that has enabled it to put ATMs where nobody else can. Metacom enables SA’s leading [...]
11 September 2014 – Spark Atm Systems Awarded International Certificate for Atm Operators in the Africa and the Middle East
The ATM Industry Association has announced that the first African ATM operator has been internationally certified for the industry’s professional online ATM operational training. Spark ATM Systems Awarded International Certificate for ATM Operators in the Africa and the Middle East
SA RETAILERS have been in spatial expansion mode for more than 10 years, with no sign of their race for space slowing. It is a trend Evan Walker of 36One Asset Management believes has negative implications for retail share investors and consumers. SA retailers aim for under-serviced communities
The analysts forecast the Global ATM market to grow at a CAGR of 6.36 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growth in the APAC region and Africa in ATM installations. Global ATM Market 2012-2016: Both APAC and Africa are Considered as High Growth Regions
When festival spree is in the air, people get busy shopping and spending. This is the time when monthly budgets are at risk of holiday overspending. It is natural to get carried away with all the deals and offers during this time, especially when one has worked so hard for it during the rest of [...]
In credit-hungry South Africa, where household debt is at 75.4% of disposable income while the household savings level remains at a mere 1.7% of GDP, the South African Savings Institute (SASI) faces the momentous task of reminding consumers about the need to spend wisely and set aside a portion of their end of year earnings, [...]
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Spark Cash Index
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