Lipman Receives Orders to Deliver 89,000 Terminals in the First Half of 2004

Monday 19 April 2004 09:33 CET | News

Lipman Electronic Engineering has received a follow-on order for its Nurit 8320 landline point of sale (POS) terminals from Akbank, the second largest bank in Turkey.

The order is for approximately $6.4 million of Lipman products, with all products expected to be delivered during the second quarter of 2004. With this order, Akbank is increasing its total installed base of Lipman POS terminals by approximately 25%, to 190,000. Additionally, the Company announced that it was recently awarded a $3.3 million tender by Isbank A.S., Turkeys largest public bank, and a $2.4 million tender by Yapi Kredi Bank, another major Turkish bank. These orders were supplied in full during the first quarter of 2004.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce


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