Events & News

2009 News

Multi-Functional Unit Available to Retail, Finance and Government Organizations to Serve the Un-Banked and Under-Banked as well as the banked.

CARROLLTON, TexasJan.12, 2009 Ganart Technologies today introduced its Phoenix GT kiosk, a multi-functional unit designed to provide un-banked and under-banked consumers with quality financial services and commerce offerings – all in a single unit.

Adaptable to most public outlets worldwide, including retail, finance or government organizations, the kiosk runs on a Ganart-developed software platform that lets consumers perform a wide range of transactions – from check cashing and monetary exchanges to utility bill payments and entertainment purchases.

“For the un-banked there is no global infrastructure to reach them,” said Art Holbrook, founder and CEO of Ganart. “The Phoenix GT is designed with flexible software and infrastructure components that help the units easily adjust to multiple transaction environments in both emerging and established markets.

“For example, in a small town in rural India, patrons must often miss work and wait in long lines for several hours or more to simply pay their utility bills. With strategically placed Phoenix GT units at civil government locations, the wait time could be drastically cut.”

The transaction unit incorporates a large monitor on top to serve as an instructional screen. It also carries messaging to people in line, keeping them informed about government events, safety alerts, news and advertisements.

Below this screen is the user interface that has another LCD monitor that guides the user through the necessary steps to set up an account and make transactions.

“So far, the unit offers about 65 transaction possibilities, with room for more,” says Holbrook.

This has led to an alliance with Fujitsu Transaction Solutions Inc. of Richardson, Texas. Fujitsu has helped develop the internal components of the Ganart Phoenix GT, making those 65 transaction opportunities possible. To show their commitment, Fujitsu hosted Ganart Technologies in their booth at the 2009 National Retail Federation Show in January.

The Ganart, Fujitsu collaboration has produced two functioning units that demonstrated a money transfer originating from Ganart’s Carrollton, Texas office to their financial operations in Pune, India and back, proving a core function that the systems must perform – wiring money overseas.

The alliance with Fujitsu also led to a relationship with a major global provider of digital media.

“Where the Phoenix GT gains traction remains to be seen. We have multiple interested parties spanning four countries,” says Wayne McHugh, global managing director of Ganart Technologies. “We’ve had meetings with banks and retail companies that came to us with their needs. They went away agreeing that our solution indeed met their needs and would create new revenue streams that they never considered.”

About Ganart Technologies: Ganart Technologies is a vertically integrated manufacturer of, and service provider for, multifunctional value exchange units. Ganart’s unit is designed around their proprietary software system which has the ability to push a vast array of value exchange services to those units in their unit network. This capability gives them and their customers consistency with their financial services systems from end to end (units to back-end). The Ganart solution reaches the entire financial pyramid, particularly the un-banked and under-banked. For more information visit www.ganart.com.

About Fujitsu Transaction Solutions: Fujitsu Transaction Solutions Inc., a wholly owned subsidiary of Fujitsu Limited (TSE: 6702), collaborates with retailing companies to relentlessly reduce their costs and facilitate consumer interactions that improve their profitability. Fujitsu’s Pervasive RetailingTM approach enables companies to minimize the time; cost and risk of creating interoperability between disparate applications and devices that support a multitude of consumer touch points. Fujitsu’s offering includes solution software, point-of-sale store technology, U-Scan® self-checkout systems, U-Serv® self-ordering systems and multi-vendor lifecycle services. Customers include Canadian Tire, Chevron Corporation, Hallmark, H-E-B, Kroger, Loblaws, Nordstrom, Payless ShoeSource, Regal Cinema, Staples, Stop & Shop and The TJX Companies, among others. Web site: http://us.fujitsu.com/retailing.

© 2017 Ganart Technologies, Inc.

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