Scotiabank inaugurates retail self–checkout, cashless kiosks

Nafeeza Gafoor - Country Manager, Scotiabank Guyana using the self check out kiosk at a local supermarket.
Nafeeza Gafoor – Country Manager, Scotiabank Guyana using the self check out kiosk at a local supermarket.

-expands digital offerings

Scotiabank has expanded its digital offerings and says it can help clients elevate their retail shopping experience through self-checkout, cashless kiosks.

In a statement yesterday, it said that clients can now accept and process payments through self-check and kiosk services. This payment solution, it said,  provides clients with seamless, self-sufficient technology that allows their fund collections to be credited to accounts in 24 hours. Scotiabank said it is the only bank locally to have invested in its proprietary digital application.

Self-checkout kiosks offer speed and convenience and allows shoppers to scan and bag their items themselves, bypassing traditional cashier lines and reducing waiting times.

Scotiabank said it offers two solutions: 

Clients can utilize Scotiabank’s proprietary application for full integration of services – merchant acquiring services, including the applicable technology for processing the card payments or the Bank can partner with a 3rd party Fintech to provide the acquiring services.

“This new offering forms part of our commitment to providing clients secure, fast and more convenient solutions, through innovative use of technology. We are pleased to be able to provide clients with a fully connected payment ecosystem to quickly reconcile payments and streamline information reporting. Furthermore, this adoption of technology redefines the Guyana shopping experience in bringing faster, better service to those who want it,” Nafeeza Gaffoor, Country Manager, Scotiabank Guyana said.

The release said that Scotiabank continues to make progress in its digital agenda. Most recently the Scotia Caribbean App – a redesigned and enhanced way to bank 24/7 from mobile devices was launched. It boasts  enhanced security and accessibility features that no other bank in the local market offers – biometric sign in, through fingerprint and face recognition, the release said. This came on the heels of upgrades to its online banking platform – Scotia OnLine, which now offers clients enhanced security.

The Bank said it is also incorporating digital advancements into its ATM functionalities, with upgrades coming soon, along with an expanded ATM footprint.