The new printers to help
banks eliminate the risk of fake cheques
Epson, a global imaging
and innovation company, has introduced into the local market a new range of
printers targeting financial institutions, Saccos and Embassies as it strives
to grow its business in Kenya.
The range
which consists of PLQ-22CS and PLQ 22CSM printers are specifically tailored for
financial institutions and embassies and come with an in-built scanner and feature speed, quality and
reliability that banks need for fast throughput and customer satisfaction. The
printers can also be used by embassies to print visas on passports and other
specialised banking documents.
Commenting on
the launch of the new range of banking printers, Epson Regional Sales Manager
for East Africa Mukesh Bector said the devices feature innovative technology and
functionality that will help banks to increase productivity, improve customer
satisfaction and reduce costs.
“What we are offering are proven
solutions that reduce operating costs, simplify training, and speed up
transactions. We are aware that with costs, regulatory complexity and economic pressures
on the rise, financial institutions are seeking ways to lower operating costs,
simplify internal processes and increase customer service,” he said.
The printers have in-built high-speed duplex colour
scanner which will help financial
institutions to eliminate
the risk of counterfeit cheques by combining the high resolution and high-speed
scanner with an application for verifying signatures or detecting counterfeit
cheques. The printer is also able to process
cheques speedily with this multi-function device that reads magnetic characters
on cheques, prints, and scans both sides of a cheque simultaneously.
The
introduction of the new range of printers targeting banks, Saccos and embassies
is part of Epson’s business strategy that aims at helping the company to
realise 30 percent growth in Africa this year. The envisaged growth in Africa
will be driven by developing dedicated products for
the African Market and developing new markets.
Currently,
Epson is focusing on developing the Eastern Africa Region
mainly Ethiopia, Uganda, Tanzania and South Sudan using Kenya as the hub.
Epson is also investing heavily in
research and development. At the moment, the company re-invests six percent of
its annual turnover into producing innovative business solutions. The focus now
is shifting towards producing products tailored towards meeting the needs of
the African market.
“We are keen to develop our position within the Kenyan and
African market because it offers huge growth potential. Last year, our
business in Africa grew by 37 percent and we
are looking for another 30 percent growth this year,” he said.
The introduction of the new printers’
follows the success recorded following the launch of the PLQ-20 impact printer last
year, which is fast and versatile, with print speeds up to 480 cps, high paper
throughput and the ability to handle passbooks and other specialized documents up
to 2.6mm thick. It also features convenient automatic forms alignment and
automatic print gap adjustment to ensure fast, trouble-free printing of
passbooks and other specialized banking documents.
-Ends-
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