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Webdnaworks Private Limited ("WPL"), is a pioneer of the Independent ATM Deployment (IAD) Model in Pakistan and is currently the sole operator of this model in the country. The Company specializes in the procurement, installation and maintenance of off-site ATMs at strategic and commercially viable locations on behalf of partner bank/financial institution for facilitation of ATM cardholders.
The business model of the Company is based on three entities; the entities being the Company, the Partner Bank and the Site Owner. The Company's responsibilities include acquisition of ATMs and installation of ATMs (through an agreement with world renowned ATM suppliers), maintenance of the equipment, provision of the communication link and payment for all such services. Partner Banks are responsible for the supply of cash and settlement of transactions. They are also liable to pay transaction fee to the Company on a per transaction basis and other mutually agreed terms
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The Company has signed off-site ATM deployment contracts with two
leading commercial banks of Pakistan: Askari Commercial Bank Limited
(Askari) and National Bank of Pakistan (NBP) for installation and
maintenance of 23 and 139 ATMs respectively across various locations
nationwide. The contract with NBP specifically caters to cash withdrawal
needs of approximately 500,000 troops stationed at various army
garrisons across the country. |
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WPL is committed to establishing high professional standards. The research and development team at WPL consistently strives for the effective implementation of advancements in the fields of computer technology. WPL's significant technical capability helped bring itself in the list of pioneers and make a difference. WPL has taken the initiative to operate ATM network on wireless (CDMA) technology after immense R&D effort which is a breakthrough in Pakistan's environment. WPL is efficiently monitoring and maintaining (24x7) a network of 162 ATMs through its technical force of 35 ATM Engineers nationwide.
The public and private banks of Pakistan have acknowledged the technical
expertise of WPL and are keen to have long term business relations with
WPL by outsourcing their ATM network to WPL's professionally and
technically sound team.
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