Travelex, Wincor Nixdorf Processing

Wincor Nixdorf and Travelex will provide payment processing services for its ATMs for at least another seven years, whereby Wincor Nixdorf will continue to provide payment processing for ATMs across much of Europe. Travelex’s existing ATMs in Asia Pacific and North America will migrate onto Wincor Nixdorf’s global platform allowing it to simplify its business. The companies started their relations in 2010 and have also agreed to promote Direct Currency Conversion (DCC) services, a platform that allows ATM users to use the exchange rate offered by Travelex to have the transaction converted into their home currency at the time of cash withdrawal.