For the supply of 2000 ATMs and 4000 PoSs, Commercial Bank of Ethiopia (CBE) shortlisted two companies, one a Moroccan company and the other a local company.

It was IT companies that responded to CBE’s initial tender for the supply of the ATMs and eight for the PoS machines. The companies that are now competing are SS Communication (SSC), the local company, and MM, the Moroccan based company.

According to Fortune, the financial opening for companies which passed the technical evaluation was made last week, with SSC and CBM offering the lowest prices for the PoS and ATMs, respectively.
M2M on its part will have a better score in the technical evaluation for both machines, Fortune added.

The two companies proposed to supply 4,000 VeriFone PoS machines, for which SSC offered 39 Million Birr and M2M 40 Million Birr.

SSC is a local partner to the Swiss company, BPC Banking Technologies. It is these two firms that are working together to implement National Electronic Funds Transfer (EFT) for all 16 banks in Ethiopia.

M2M Group on its part is a Moroccan IT firm that has in 2012 supplied 420 ATM units and 4,000 PoS machines to CBE.

Source: Fortune