Bank Alfalah Extends Partnership with Wavetec with 100 New CDM Order

Bank Alfalah has further strengthened its long-standing partnership with Wavetec by placing a new order for 100 Cash Deposit Machines (CDMs), reaffirming its trust to expand self-service banking across its network with Wavetec.

This latest deployment will support the bank’s ongoing branch transformation strategy, enabling faster, more secure, and efficient cash deposit experiences while reducing in-branch dependency and improving operational flow.

The continued collaboration reflects the trust built over years of successful deployments and consistent performance at scale. With over 800+ CDMs deployed nationwide, Wavetec has established itself as a key enabler of cash automation in Pakistan—delivering end-to-end solutions through in-house hardware, intelligent software, and dependable local support.

This milestone further reinforces both organizations’ shared focus on innovation, scalability, and customer-centric banking experiences.