Hitachi Payment Services to acquire Writer Corporation’s Cash Management Business
Mumbai, July 2023.Hitachi Payment Services, India’s leading integrated payment solutions provider, has entered into an agreement to acquirethe Cash Management Business of Writer Corporation, a multi-business enterprise. In the Cash Management industry, Writer Safeguard - the Cash Management Business of Writer Corporation, has been providing comprehensive cash services including ATM cashreplenishment and retail cash pick-up services to corporate clients in India since 2001. Writer Safeguard has a network of close to 40,000 touchpoints including ATMs and Retail spanning 25 states across 1,500 locations serviced by a workforce of over 10,000 people.The acquisition will transform Hitachi Payments’ market standing by integrating the cash management business into its overa...
