TouchPoint’s Cadepo – Cash and Cheque Deposit Solution has achieved a significant regulatory milestone after successfully meeting the State Bank of Pakistan’s regulatory benchmark for Cash Deposit Machines. The approval confirms that Cadepo’s CDMs are compliant with SBP standards for authenticating and securely accepting cash deposits from customers, reinforcing confidence in the solution’s reliability and regulatory alignment.
The milestone represents an important step for TouchPoint as Pakistan’s banking sector continues to modernize its cash handling and deposit infrastructure. Compliance with SBP’s regulatory benchmarks is a critical requirement for financial technology solutions operating within the country’s regulated financial system, particularly those involved in customer-facing cash transactions.
TouchPoint has established a strong presence across Pakistan’s banking network, with more than 600 devices currently deployed nationwide. These machines are actively used by banks and financial institutions to facilitate customer deposits, reflecting growing trust in automated cash and cheque deposit solutions. According to company data, transactions processed through TouchPoint’s network have exceeded PKR 100 billion, highlighting both scale and widespread adoption across the sector.
The transaction volume underscores the increasing role of technology-driven solutions in improving operational efficiency and customer convenience. Automated deposit solutions reduce reliance on traditional teller-based processes, help manage cash more effectively, and improve accessibility for customers, particularly during extended banking hours.
The regulatory achievement also aligns with the State Bank of Pakistan’s broader objectives of enhancing efficiency, transparency, and accessibility within the financial system. As the central bank continues to encourage digitalization and automation across banking operations, compliant solutions such as Cadepo play a key role in supporting these policy goals.
TouchPoint’s growing footprint reflects a broader shift within Pakistan’s banking industry toward integrated cash management solutions that combine regulatory compliance with operational scalability. By meeting SBP’s benchmarks, Cadepo positions itself as a trusted platform capable of supporting banks’ evolving needs while adhering to stringent security and authentication requirements.
The solution’s ability to securely authenticate deposits is particularly significant in an environment where risk management and compliance remain top priorities for financial institutions. Automated verification and secure handling of cash deposits help mitigate operational risks and support stronger internal controls across banking operations.
With continued expansion and proven transaction volumes, TouchPoint’s Cadepo is increasingly viewed as a core component of Pakistan’s digital banking infrastructure. Its compliance with regulatory standards enhances its appeal to banks seeking reliable and scalable solutions that can be deployed across large branch and self-service networks.
The achievement reinforces TouchPoint’s role in supporting Pakistan’s wider fintech growth and digital transformation agenda. As banks continue to invest in technology-driven channels to improve service delivery and operational resilience, compliant cash and cheque deposit solutions are expected to play an increasingly important role in shaping the future of banking in the country.
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