News

With this agreement, CST, the manufacturer of the CashDro cash management systems and the unattended point-of-sale systems T-Quiosk, opens a new concession in Hungary and expands its commercial operations to new markets such as Croatia, Austria, Slovenia, and Slovakia.

CST (Centre de Serveis Tecnològics, SL), the manufacturer of the innovative CashDro cash management systems, the unattended point-of-sale systems T-Quiosk, and the self-service sales equipment SelfQuiosk, has formalized a new commercial partnership in Hungary, following its growth plan through its international concession channel.

This agreement, which involves the creation of a new CashDro concession and the commercialization of CashDro, T-Quiosk, and SelfQuiosk products in Hungary, Croatia, Austria, Slovenia, and Slovakia, was developed during several meetings between CashDro’s president, Andreu Pi Pocurull, and the general director of BANKTECH SAFE LTD, Márton Vásony. BANKTECH SAFE LTD, based in Budapest, has over 30 years of experience and is one of the most significant players in cash management in its country.

Márton Vásony, general director of BANKTECH, emphasized that the new concession will facilitate a quick introduction of CashDro, T-Quiosk, and SelfQuiosk products to the Hungarian market and other nearby markets, as it has an extensive network of distributors in Hungary, Austria, Croatia, Slovenia, and Slovakia. Vásony explained that with this partnership, BANKTECH SAFE LTD (CashDro Hungary) aims to establish itself as a leading company in the monetary and intelligent cash management market in Central Europe.

CashDro’s president, Andreu Pi, highlighted that this partnership solidifies the brand’s international presence in a key market like Hungary, with an economy primarily based on the service sector and which has experienced a 30% expansion since 2013. He also underscored the importance of this agreement in broadening the commercialization of CashDro cash management systems in new Central European markets, where BANKTECH SAFE (CashDro Hungary) has a significant presence through its distribution channel.

Present at the signing of the new concession agreement were also CST’s manager, Lluís Fernández, and BANKTECH’s business development director, Ferenc Vásony. Currently, CashDro has 18 international concessions: Portugal, France, Belgium, Germany, Italy, Israel, Singapore, Mexico (East with two concessions), Colombia, Peru, Chile, Brazil, Uruguay, Ecuador, Turkey, the Netherlands, and Hungary.