Cadepo, a cash and cheque deposit solution developed to support self-service banking, has achieved an important regulatory milestone by meeting the benchmark set by the State Bank of Pakistan for cash deposit machines.
The milestone comes as Cadepo has deployed more than 600 devices across the country and processed over PKR 100 billion in combined cash and cheque deposits. Meeting this benchmark is a formal requirement under SBP guidelines and confirms that the solution has reached a defined level of operational scale, reliability, and regulatory compliance.
Following this achievement, Cadepo has been included in the official SBP listing for cash deposit machines. This listing is a key step for any solution operating within Pakistan’s regulated banking environment and provides reassurance to financial institutions looking to adopt approved self-service technologies.
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Cadepo is designed to help banks offer customers a convenient, self-service option for depositing cash and cheques. By reducing dependence on traditional branch counters, the system allows banks to manage transaction volumes more efficiently while giving customers greater flexibility through extended availability and automated processing.
The development reflects the growing adoption of self-service and automated banking solutions in Pakistan. As banks increasingly explore digital channels to improve customer experience and operational efficiency, compliance with regulatory standards remains essential. Recognition by the central bank gives banks added confidence when integrating such solutions into their operations.
Cadepo’s progress also highlights the broader efforts of TouchPoint to balance innovation with regulatory oversight. The milestone supports the gradual modernization of Pakistan’s banking sector while ensuring alignment with national financial regulations and standards.
