Zarph has formalized a distribution agreement with Blue River Technology, thereby amplifying its influence within the African marketplace.
Zarph continues its international expansion with a new Distribution contract and reinforces penetration in the African market, especially in Kenya, Uganda, Tanzania, and Rwanda.
- Zarph, a company specializing in Deposit and Paymentsystems, has just signed a distribution contract that reinforces its presence in the African market. The partnership with Blue River Technology will allow Zarph to enter new markets such as Kenya and Rwanda and trengthen its presence in Uganda and Tanzania..
This distribution contract is based on the offer of Deposit and Payment Systems solutions, in particular, Zarph's top-of-the-range deposit model TP-412. This is a solution specially designed for banking institutions, as it allows large volumes of cash to be managed in real-time and with maximum security, following the internal processes of each institution.
This partnership is the result of combined efforts between Zarph and Blue River Technology to make innovative and technologically robust solutions available to the African market that will allow banking customers to carry out deposit operations in real-time, 24 hours a day. This investment in Treasury Management will not only allow banks to provide an improved experience for their Customers but will also help to reduce operational costs, increase security, and gain efficiency.
The agreement between Blue River Technology and Zarph encompasses the production and implementation of banknote and coin deposit solutions. The equipment available in the portfolio includes the TD 412 model (photo), for depositing notes, and the TP6x4 models for payment solutions.
All solutions offered by Zarph incorporate a web platform, where it is possible to manage all machine operations in real-time.
CEO António Oliveira highlights the importance of this action given that “East Africa is a strategic market for Zarph, due to the strong potential it represents in terms of high cash circulation. In countries like Kenya, Uganda, or Rwanda, people and companies increasingly need treasury management solutions capable of automating information control and management processes in a centralized, hierarchical, real-time, and secure way.”
António also reinforces that “we already have a lot of equipment implemented in Angola and Mozambique and we want to take Portuguese technology to the rest of the African continent.”
