Central Bank Certifies Wavetec’s Locally Manufactured Cash Deposit Machines

Wavetec has achieved a key milestone with its CQuick Cash Deposit Machines receiving certification from the State Bank of Pakistan, validating the solution’s compliance, security, and readiness for nationwide deployment.

As Pakistan’s first local manufacturer of cash deposit machines, Wavetec has emerged as one of the most trusted self-service banking brands in the country, with its deposit solutions currently deployed across leading major banks, powering a network of more than 700 cash deposit machines nationwide.

Wavetec’s CQuick cash deposit machines collectively process PKR 2 billion+ in deposits daily, enabling secure, high-volume, and round-the-clock cash acceptance for banks and their customers.

State Bank’s certification further reinforces Wavetec’s position as a trusted technology partner, supporting banks in scaling compliant, efficient, and customer-centric self-service banking infrastructure across Pakistan.